KARACHI: The Developing-8 Chamber of Commerce and Industry (D-8 CCI) meeting was virtually held on Wednesday, June 17, 2020 via ZOOM attended by member countries including Turkey, Pakistan, Malaysia, Indonesia, Egypt, Nigeria and Bangladesh.
Mr. Asim Ghani Usman, Chairman D-8 CCI National Committee (Pakistan Chapter) of Federation of Pakistan Chambers of Commerce and Industry alongwith members committee Mr. Asif Majeed and Mr. Ahmed Munaf attended the meeting.
D-8, also known as Developing-8, is an organization for development cooperation among the following countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
The establishment of D-8 was announced officially through the Istanbul Declaration of Summit of Heads of State/Government on June 15, 1997.
The objectives of D-8 Organization for Economic Cooperation are to improve member states’ position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at international level, and improve standards of living.
D-8 is a global arrangement rather than a regional one, as the composition of its members reflects. Organization for Economic Cooperation (D-8) is a forum with no adverse impact on bilateral and multi-lateral commitments of the member countries, emanating from their membership to other international or regional organizations.
Ambassador Dato’ Ku Jaafar Ku Shaari from Malaysia is currently the Secretary General of the D-8 Organization with its Secretariat based in Istanbul-Turkey.