ID :
108903
Sat, 02/27/2010 - 17:53
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http://m.oananews.org//node/108903
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D8 meet, chance to attract joint investment among members
Tehran, Feb 27, IRNA –The upcoming ministerial meeting of the eight developing countries (D8) in Tehran would help attract more effective investment among member states, said a member of the Majlis Industries and Mines Commission on Saturday.
Ali-Asghar Yousefnejad told IRNA that the meeting would made a chance for D8 states to become further familiar with potentials of each other in order to boost mutual investment, create jobs and exchange technology and industrial information.
The D8 are a group of developing countries with large Muslim populations that have formed an economic development alliance. The group, established in 1997, consisted of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.
The D8 1st Ministerial Meeting on Industry is to be inaugurated here at Foreign Ministry’s Institute for Political and International Studies (IPIS) on March 2 by President Mahmoud Ahmadinejad.
The combined population of the eight countries is about 60 percent of the Muslim people, or close to 13 percent of the world’s population.
Following the “Conference on Cooperation for Development”, on October 22, 1996, and after a series of preparatory meetings, the establishment of D8 was announced officially by the Summit of Heads of State in Istanbul, on June 15, 1997.
The objectives of D8 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.
Around 400 Iranian and foreign guests have been invited to the event./end
Ali-Asghar Yousefnejad told IRNA that the meeting would made a chance for D8 states to become further familiar with potentials of each other in order to boost mutual investment, create jobs and exchange technology and industrial information.
The D8 are a group of developing countries with large Muslim populations that have formed an economic development alliance. The group, established in 1997, consisted of Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey.
The D8 1st Ministerial Meeting on Industry is to be inaugurated here at Foreign Ministry’s Institute for Political and International Studies (IPIS) on March 2 by President Mahmoud Ahmadinejad.
The combined population of the eight countries is about 60 percent of the Muslim people, or close to 13 percent of the world’s population.
Following the “Conference on Cooperation for Development”, on October 22, 1996, and after a series of preparatory meetings, the establishment of D8 was announced officially by the Summit of Heads of State in Istanbul, on June 15, 1997.
The objectives of D8 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.
Around 400 Iranian and foreign guests have been invited to the event./end
