By Fortune Abang
The Organisation for Economic Cooperation, D-8, on Friday said it would continue to harness economic potentials to promote trade among its member states.
The D-8 member countries comprise Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
The Secretary-General of the organization, M Isiaka Imam said this in a statement on the outcome of his official maiden meeting with the Prime Minister of Bangladesh, Sheik Hasina, at the Ganabhaban, in Dhaka.
The statement quoted Imam as saying, “We hope to further introduce new ideas for innovative partnership among D-8 Member States, who have the potential of emerging as a powerful economic bloc.
“Bangladesh being a founding Member State of D-8 organization seeks cooperation in six key priority areas, namely; trade, agriculture, industry, energy, transport and tourism towards enhancing the socio-economic development of Member Countries.
“There is the need for effective implementation of the D-8 Preferential Trade Agreement, to harness the immense economic potential for promoting trade among the Member States.”
The statement further quoted Hasina, who is also the current Chairperson of D-8, to have expressed the readiness of Bangladesh to provide Member States with exclusive facilities and land in the country’s Special Economic Zones.
The Prime Minister in the statement also invited Member States to leverage such an opportunity to further enhance economic cooperation in the organisation.
“Bangladesh has achieved success in the agricultural sector; our researchers have developed the drought and saline–tolerant variants of rice, we can share our experiences with D-8 countries in the agricultural sector.
“Bangladesh has also achieved tremendous feats in digital transformation and is prepared to share her experience with the Member States to enhance cooperation in the field of ICT.
“Our government is prepared to provide its ICT Parks to the D-8 Organization, to enhance cooperation in ICT,” Hasina said.
Hasina highlighted projects undertaken by the D-8 to include; D-8 International University at Hamedan, Iran, D-8 Network of Pioneers for Research and Innovation, D-8 Health and Social Protection Programme in Abuja, Nigeria.
Others are the D-8 Research Centre for Agriculture and Food Security in Faisalabad, Pakistan, adding that the Visa Agreement and D-8 Designated Airports initiatives were aimed at easing travel across member countries.
The statement also disclosed that the organisation would hold its 25th anniversary celebration in June, 2022. (NAN)
Share on Facebook «||»
Share on Twitter «||»
Share on Reddit «||»
Share on LinkedIn
Read Related News On TDPel Media
Advertisement
Microsoft VP dazzles Museum of Future’s audience on Third ‘Future Talks’ session about Future Potentials of the Metaverse: Microsoft VP dazzles Museum of Future’s audience on Third ‘Future Talks’ session about Future Potentials of the Metaverse DUBAI, 26th February, 2022 – Museum of...
Edo, Canada explore potentials in mining, tech industries: … plan multi-billion dollars funding window The Edo State Government is in talks with the Government of Canada to harness the huge potentials in the...
Beyond Ads: How To Harness The Power Of Community Marketing For Your Brand: Advertisements In the contemporary digital era, while many brands are pumping millions into advertisements, the power of organic reach remains uncharted for some. Community marketing...
Africa must harness benefits of big data for sustainable development – NBS: By Okeoghene Akubuike The Statistician-General of the Federation, Prince Adeyemi Adeniran, says Africa must harness the benefits of big data to achieve sustainable development. Adeniran...
Kenya among 6 African countries to receive mRNA technology: Kenya is one of six countries chosen to develop their own mRNA vaccine production facilities. According to World Health Organization (WHO) Secretary General Tedros Ghebreyesus,...
UK Economy Faces Weakest Growth and Highest Inflation Among G7 Countries, IMF Warns: UK’s Economic Outlook The International Monetary Fund (IMF) has presented a sobering economic outlook for the UK, predicting that it will have the weakest economic...
NBC signs MoU with OSPRE to promote peaceful coexistence among neighbouring countries: By Philip Yatai The National Boundary Commission (NBC), on Thursday, signed a Memorandum of Understanding with the Office for Strategic Preparedness and Resilience, National Centre...
BRICS Expands: Iran and Five Other Countries Join as Permanent Members: A senior adviser to Iran’s president has praised the country’s upcoming inclusion in the BRICS grouping as a significant diplomatic victory for the Islamic republic....
Trade Secretary Kicks Off Three-Leg Asia Trip With Trade Talks In Jakarta: International Trade Secretary co-hosts first ever Joint Economic and Trade Committee (JETCO) with Indonesia on first leg of Asia-Pacific visit Trade talks with Indonesia are...
IMF, University of Oxford inaugurate platform to monitor trade disruptions to maritime trade: By Okeoghene Akubuike The International Monetary Fund(IMF) and the University of Oxford have inaugurated “PortWatch ” Platform to monitor and simulate trade disruptions to maritime...