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D-8 Organization for Economic Cooperation

D-8 Organization for Economic Cooperation
D-8 Member States
 Bangladesh
Prime Minister Sheikh Hasina
 Egypt
President Abdel Fattah el-Sisi
 Indonesia
President Joko Widodo
 Iran
President Hassan Rouhani
 Malaysia
Prime Minister Najib Tun Razak
 Nigeria
President Muhammadu Buhari
 Pakistan
Prime Minister Nawaz Sharif
 Turkey
Prime Minister Ahmet Davutoğlu
Website: http://www.developing8.org/

The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organization for development cooperation among the following countries:

  • D-8 official Website

External links

  1. ^ http://www.developing8.org/About.aspx/
  2. ^ a b "D8 ministerial summit opens today".  
  3. ^ a b "Iran pledges €50m to D8 fund". tehran times. Retrieved 2010-03-01. 
  4. ^ http://www.developing8.org/MissionStatement.aspx
  5. ^ "Developing 8". Developing 8. 2006-05-13. Retrieved 2010-03-01. 

References

See also

Ayhan Kamel 1997 to 2006
Dr. Dipo Alam 2007 to 2010
Prof. Widi Agoes Pratikto 2010 to 2012
Dr. Seyed Ali Mohammad Mousavi 2013 to (Present)

Secretaries-General of D-8

D-8 Summits were successfully held
Date Host country Host leader Location held
1 15 June 1997  Turkey Necmettin Erbakan Istanbul
2 1–2 March 1999  Bangladesh Sheikh Hasina Dhaka
3 25 February 2001  Egypt Hosni Mubarak Cairo
4 18 February 2004  Iran Mohammad Khatami Tehran
5 13 May 2006  Indonesia Susilo Bambang Yudhoyono Bali
6 8 July 2008  Malaysia Abdullah Ahmad Badawi Kuala Lumpur
7 8 July 2010  Nigeria Goodluck Jonathan Abuja
8 21 November 2012  Pakistan Asif Ali Zardari Islamabad

D-8 Summits

The Commission has executive authority, and is composed of Commissioners appointed by each member state's government. Commissioners are responsible for promoting compliance with D8 directives in their respective nation. Finally, an executive director is appointed by D-8 members to facilitate communication and to act in a supervisory capacity during each summit or lower-level assembly.

The Council is the principal decision-making body and forum for consideration of issues relating to the D-8, and is composed of the foreign affairs ministers of each member state.

The Summit, which is convened every two years, has the highest level of authority, and is composed of the leaders of each member state.

  • The Summit
  • The Council
  • The Commission

The Developing 8 is organized into three bodies:[5]

Structure

  • Commitment to work together to solve the problem of economic disparities within our countries.
  • Reaffirm commitment to enhance cooperation in the field of energy to develop alternative and renewable energy resources.
  • Emphasise the importance of D-8 in contributing to the economic development of its member countries and ensure that it promotes global trade.[4]

The fifth D-8 Summit Declaration (Bali, 2006) produced the following, as illustration of the application of the group's objectives:

By the same token, D-8 is a forum with no adverse impact on bilateral and multilateral commitments of the member countries, emanating from their membership of other regional or international organizations.

  • Peace instead of conflict.
  • Dialogue instead of confrontation.
  • Cooperation instead of exploitation.
  • Justice instead of double-standard.
  • Equality instead of discrimination.
  • Democracy instead of oppression.

In the first Summit Declaration (Istanbul, 1997), the main objective of D-8 is stated to be socio-economic development in accordance with following principles:

As stated by the D-8 Facts and Figures Publication: "The objectives of D-8 are to improve developing countries' positions in the world economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, and provide better standards of living." The main areas of cooperation include finance, banking, rural development, science and technology, humanitarian development, agriculture, energy, environment, and health.[2]

Purposes and objectives

The idea of cooperation among major Muslim developing countries was mooted by Dr. Necmettin Erbakan, the then Prime Minister of Turkey, during a Seminar on “Cooperation in Development” which was held in Istanbul in October 1996. The group envisioned cooperation among countries stretching from South East Asia to Africa. Representatives from Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria and Pakistan attended the Seminar. This conference was the first step towards the establishment of D-8 and it was only after a series of preparatory meetings that D-8 was set up officially and began its activities with the Istanbul Declaration issued at the end of the summit of Heads of State and Government held in Istanbul on June 15, 1997

History

Contents

  • History 1
  • Purposes and objectives 2
  • Structure 3
  • D-8 Summits 4
  • Secretaries-General of D-8 5
  • See also 6
  • References 7
  • External links 8

The combined population of the eight countries is about 60% of all Muslims, or close to 13% of the world’s population.[2] In 2006, trade between the D-8 member states stood at $35 billion, and it was around $68 billion in 2010.[3] Transactions between the 8 developing countries account for 3.3 percent of world trade. The figure is projected to reach 10-15 percent in the next few years.[3]

[1]

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