D-8 Organization for Economic Cooperation

From Wikipedia, the free encyclopedia
(Redirected from Developing 8)
Jump to navigation Jump to search

Template:Short description Template:EngvarB Template:Use dmy dates Template:Infobox Organization

The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organisation for development co-operation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.[1] Azerbaijan was admitted to the organization as the 9th member on 19 December 2024.[2]

The combined population of the nine countries is more than 1.28 billion or 63% of all Muslims, or close to 16% of the world's population and covering an area of 7.62 million square kilometres, 5% of world land area.[3] In 2016, trade between the D-8 member states stood at approximately $65 billion, showing substantial growth since its inception. By 2020, this figure increased to around $133 billion, reflecting the enhanced economic cooperation and integration among member countries. In 2024, the total nominal GDP of the eight nations reached approximately $5.1 trillion, underscoring their collective economic significance. Transactions among these countries accounted for an increasing share of global trade as they continue to pursue ambitious goals, such as reaching a trade value of $500 billion by 2030 under the D-8 Decennial Road map. This plan also focuses on expanding sectoral cooperation in areas like agriculture, energy, and transportation, fostering sustainable development across the member states.Template:Fact

Purposes and objectives

The main areas of co-operation include finance, banking, rural development, science and technology, humanitarian development, agriculture, energy, environment, and health.[3]

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

  • 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.

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

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

Structure

The Summit, which is convened every two years, has the highest level of authority, and is composed of the leaders of each member state.[5]

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

The Commission has executive authority, and is composed of Commissioners appointed by each member state's government. Commissioners are responsible for promoting compliance with 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.

D-8 Summits

Date Host country Host leader Location held
1 June 1997 Template:Flagcountry Necmettin Erbakan Istanbul
2 March 1999 Template:Flagcountry Sheikh Hasina Dhaka
3 February 2001 Template:Flagcountry Hosni Mubarak Cairo
4 February 2004 Template:Flagcountry Mohammad Khatami Tehran
5 May 2006 Template:Flagcountry Susilo Bambang Yudhoyono Bali
6 July 2008 Template:Flagcountry Abdullah Ahmad Badawi Kuala Lumpur
7 July 2010 Template:Flagcountry Muhammadu Buhari Abuja
8 November 2012 Template:Flagcountry Asif Ali Zardari Islamabad
9 October 2017 Template:Flagcountry Recep Tayyip Erdoğan Istanbul
10 April 2021 Template:Flagcountry Sheikh Hasina Virtual
11 18-20 December 2024 Template:Flagcountry Abdel Fattah el-Sisi Cairo
12 2026-2027 Template:Flagcountry

Member countries

Country Population (2024) Nominal GDP (USD million) 2024[6] Nominal GDP per capita ($) 2024[6] PPP GDP (USD million) 2024[6] PPP GDP per capita ($) 2024[6] Life expectancy (years, avg. 2021) HDI (2021)[7]
Template:Country data Azerbaijan 10,353,296 78,749 7,641 199,195 19,328 72.9 0.760 (high)
Template:Country data Bangladesh 173,562,364 451,468 2,625 1,690,000 9,840 74.3 0.661 (medium)
Template:Country data Egypt 116,538,258 380,044 3,542 2,230,000 20,799 71.8 0.731 (high)
Template:Country data Indonesia 283,487,931 1,402,590 4,981 4,661,542 16,542 71.3 0.705 (high)
Template:Country data Iran 91,567,738 434,243 5,013 1,700,000 19,607 77.3 0.774 (high)
Template:Country data Malaysia 35,557,673 439,748 13,142 1,370,942 41,022 74.7 0.803 (very high)
Template:Country data Nigeria 232,679,478 372,970 1,637 1,490,000 6,543 62.6 0.535 (low)
Template:Country data Pakistan 251,269,164 374,595 1,588 1,580,000 6,715 68 0.544 (medium)
Template:Country data Turkey 87,473,805 1,344,318 15,666 3,460,000 40,283 78.6 0.838 (very high)
Average 142,498,856 586,525 6,204 2,042,409 20,075 72.0 0.705 (high)
Combined 1,282,489,707 5,278,725 N/A 18,381,679 N/A N/A N/A

Secretaries-General

Script error: No such module "Labelled list hatnote".

No. Name Country of origin Took office Left office
1 Ayhan Kamel Template:Country data Turkey 1997 2006
2 Dipo Alam Template:Country data Indonesia 2006 2010
3 Widi Agoes Pratikto Template:Country data Indonesia 2010 2012
4 Seyed Ali Mohammad Mousavi Template:Country data Iran 2013 2017
5 Ku Jaafar Ku Shaari Template:Country data Malaysia 2018 2021
6 Isiaka Abdulqadir Imam Template:Country data Nigeria 2022 Present

Affiliated Bodies

See also

References

Template:Reflist

External links

Template:Sister project

Template:D-8 Organization for Economic Cooperation Template:South-South

  1. ↑ Script error: No such module "citation/CS1".
  2. ↑ Azerbaijan Joins D-8 as New Member at Cairo Summit
  3. ↑ a b Script error: No such module "citation/CS1".
  4. ↑ Script error: No such module "citation/CS1".
  5. ↑ Script error: No such module "citation/CS1".
  6. ↑ a b c d Script error: No such module "citation/CS1".
  7. ↑ Script error: No such module "citation/CS1".
  8. ↑ Script error: No such module "citation/CS1".
  9. ↑ Script error: No such module "citation/CS1".
  10. ↑ Script error: No such module "citation/CS1".
  11. ↑ Script error: No such module "citation/CS1".
  12. ↑ Script error: No such module "citation/CS1".
  13. ↑ Script error: No such module "citation/CS1".
Retrieved from "http://debianws.lexgopc.com/wiki143/index.php?title=D-8_Organization_for_Economic_Cooperation&oldid=2278276"