Over the past one to two years, the D-8 Organization for Economic Cooperation (D-8) has undertaken several significant initiatives and developments to foster cooperation on economic, tourism, agri cultural and energy fronts.
- Cairo Declaration and ExpansionIn December 2024, during the 11th D-8 Summit in Cairo, member countries issued the “Cairo Declaration,” emphasizing enhanced economic cooperation across sectors such as agriculture, energy, and trade. Notably, Azerbaijan was unanimously admitted as the organization’s newest member, marking the first expansion since its establishment.
- Tourism Sector RevitalizationIn August 2023, D-8 member states convened in Pakistan to revitalize the tourism sector post-pandemic. They adopted the “Islamabad Declaration on Tourism Cooperation 2023,” focusing on funding facilities, selecting a “D-8 Tourism City of the Year,” organizing investment forums, and simplifying visa processes to boost intra-member tourism.
- Establishment of the D-8 Youth CouncilRecognizing the importance of youth empowerment, the D-8 established a Youth Council in May 2024, headquartered in Dhaka, Bangladesh. This initiative aims to mainstream youth involvement in areas like digitalization, entrepreneurship, and climate resilience, reflecting the organization’s commitment to integrating younger generations into its development agenda.
These developments underscore the D-8’s dedication to fostering economic cooperation, revitalizing key sectors, and empowering youth among its member states.
D-8 Organization – Basic Information
- Full Name: Developing-8 (D-8)
- Formation Date: June 15, 1997
- Headquarters: Istanbul, Turkey
- Current Secretary-General: Isiaka Abdul Qadir Imam.
- Member Countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.
1. What is the D-8 Organization?
Answer: The Developing-8 (D-8) is an intergovernmental organization aimed at economic cooperation among eight developing countries from the Organization of Islamic Cooperation (OIC).
When and where was D-8 formed?
Answer: The D-8 was officially established on June 15, 1997, in Istanbul, Turkey.
Which countries are members of D-8?
Answer:
The eight member countries are:
- Bangladesh
- Egypt
- Indonesia
- Iran
- Malaysia
- Nigeria
- Pakistan
- Turkey
What are the main objectives of D-8?
Answer:
The D-8 organization aims to:
- Improve economic relations among member states
- Enhance trade and industrial cooperation
- Promote technological and scientific collaboration
- Encourage investment opportunities
What are the key areas of cooperation under D-8?
Answer:
D-8 focuses on sectors such as:
- Trade and industry
- Agriculture and food security
- Energy
- Transportation
- Tourism
Where is the headquarters of D-8 located?
Answer: The D-8 Secretariat is headquartered in Istanbul, Turkey.
How does D-8 promote trade among member countries?
Answer: The organization launched a Preferential Trade Agreement (PTA) to reduce tariffs and enhance trade among member states.
What was the theme of the latest D-8 Summit?
Answer: The 11th D-8 Summit took place on December 19, 2024, in Cairo, Egypt, under the theme “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.” This theme underscored the organization’s focus on empowering youth and promoting small and medium-sized enterprises (SMEs).
The next D-8 Summit is anticipated to occur in 2026, following the organization’s biennial summit schedule.
How does Pakistan benefit from D-8 membership?
Answer: Pakistan benefits from increased trade opportunities, technology exchange, and economic cooperation with other member countries.
What challenges does the D-8 organization face?
Answer:
- Lack of strong institutional frameworks
- Limited trade volume among member countries
- Political and economic instability in some member states
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