D-8 Organization for Economic Cooperation

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D-9 Organization for Economic Cooperation
Formation1996
1997 (1 Summit)
Legal statusIntergovernmental organization
Headquarters Istanbul, Turkey
Membership
Secretary-General
Isiaka Abdulqadir Imam
President
Badr Abdul Ati [2]
Website www.developing8.org

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. [3] Azerbaijan was admitted to the organization as the 9th member on December 19, 2024. [4]

Contents

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. [5] 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.

Purposes and objectives

The main areas of co-operation include finance, banking, rural development, science and technology, humanitarian development, agriculture, energy, environment, and health. [5]

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:

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

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. [7]

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

DateHost countryHost leaderLocation held
1June 1997Flag of Turkey.svg  Turkey Necmettin Erbakan Istanbul
2March 1999Flag of Bangladesh.svg  Bangladesh Sheikh Hasina Dhaka
3February 2001Flag of Egypt.svg  Egypt Hosni Mubarak Cairo
4February 2004Flag of Iran.svg  Iran Mohammad Khatami Tehran
5May 2006Flag of Indonesia.svg  Indonesia Susilo Bambang Yudhoyono Bali
6July 2008Flag of Malaysia.svg  Malaysia Abdullah Ahmad Badawi Kuala Lumpur
7July 2010Flag of Nigeria.svg  Nigeria Muhammadu Buhari Abuja
8November 2012Flag of Pakistan.svg  Pakistan Asif Ali Zardari Islamabad
9October 2017Flag of Turkey.svg  Turkey Recep Tayyip Erdoğan Istanbul
10April 2021Flag of Bangladesh.svg  Bangladesh Sheikh Hasina Virtual
1118-20 December 2024Flag of Egypt.svg  Egypt Abdel Fattah el-Sisi Cairo
122026-2027Flag of Indonesia.svg  Indonesia

Member countries

CountryPopulation (2024) Nominal GDP (USD million) 2024 [8] Nominal GDP per capita ($) 2024 [8] PPP GDP (USD million) 2024 [8] PPP GDP per capita ($) 2024 [8] Life expectancy (years, avg. 2021) HDI (2021) [9]
Flag of Azerbaijan.svg  Azerbaijan 10,353,29678,7497,641199,19519,32872.90.760 (high)
Flag of Bangladesh.svg  Bangladesh 173,562,364451,4682,6251,690,0009,84074.30.661 (medium)
Flag of Egypt.svg  Egypt 116,538,258380,0443,5422,230,00020,79971.80.731 (high)
Flag of Indonesia.svg  Indonesia 283,487,9311,402,5904,9814,661,54216,54271.30.705 (high)
Flag of Iran.svg  Iran 91,567,738434,2435,0131,700,00019,60777.30.774 (high)
Flag of Malaysia.svg  Malaysia 35,557,673439,74813,1421,370,94241,02274.70.803 (very high)
Flag of Nigeria.svg  Nigeria 232,679,478372,9701,6371,490,0006,54362.60.535 (low)
Flag of Pakistan.svg  Pakistan 251,269,164374,5951,5881,580,0006,715680.544 (medium)
Flag of Turkey.svg  Turkey 87,473,8051,344,31815,6663,460,00040,28378.60.838 (very high)
Average142,498,856586,5256,2042,042,40920,07572.00.705 (high)
Combined1,282,489,7075,278,725N/A18,381,679N/AN/AN/A

Secretaries-General

No.NameCountry of originTook officeLeft office
1 Ayhan Kamel Flag of Turkey.svg  Turkey 19972006
2 Dipo Alam Flag of Indonesia.svg  Indonesia 20062010
3 Widi Agoes Pratikto Flag of Indonesia.svg  Indonesia 20102012
4 Seyed Ali Mohammad Mousavi Flag of Iran.svg  Iran 20132017
5 Ku Jaafar Ku Shaari Flag of Malaysia.svg  Malaysia 20182021
6 Isiaka Abdulqadir Imam Flag of Nigeria.svg  Nigeria 2022Present

Affiliated Bodies

See also

References

  1. The official website Archived 12 September 2017 at the Wayback Machine adopts the "G-15" orthography (with a hyphen) in order to distinguish an abbreviated references to this group – contrasts with other similarly named entities.
  2. "مصر ریاست گروه دی هشت را برعهده گرفت". 18 December 2024.
  3. "Brief History of D-8". Archived from the original on 12 June 2018. Retrieved 18 November 2012.
  4. Azerbaijan Joins D-8 as New Member at Cairo Summit
  5. 1 2 "D8 ministerial summit opens today". Tehran Times. 27 February 2010. Retrieved 1 March 2010.
  6. "Archived copy". Archived from the original on 28 November 2012. Retrieved 18 November 2012.{{cite web}}: CS1 maint: archived copy as title (link)
  7. "Developing 8". Developing 8. 13 May 2006. Archived from the original on 14 March 2010. Retrieved 1 March 2010.
  8. 1 2 3 4 International Monetary Fund. "World Economic Outlook Database, April 2023". International Monetary Fund.
  9. Human Development Report 2021-22: Uncertain Times, Unsettled Lives: Shaping our Future in a Transforming World (PDF). United Nations Development Programme. 8 September 2022. pp. 272–276. ISBN   978-9-211-26451-7. Archived (PDF) from the original on 8 September 2022. Retrieved 8 September 2022.{{cite book}}: |website= ignored (help)
  10. "D-8 International University - D8 International Portal - D8 Portal". D8 International Portal. Retrieved 27 December 2023.
  11. d8.isc.ac https://d8.isc.ac/ . Retrieved 27 December 2023.{{cite web}}: Missing or empty |title= (help)
  12. developing8.org http://developing8.org/d-8-npri/ . Retrieved 27 December 2023.{{cite web}}: Missing or empty |title= (help)
  13. "HOME". D-8TTEN. Retrieved 27 December 2023.
  14. developing8.org https://developing8.org/areas-of-cooperation/health/ . Retrieved 27 December 2023.{{cite web}}: Missing or empty |title= (help)
  15. "University of Agriculture Faisalabad (UAF)". web.uaf.edu.pk. Retrieved 27 December 2023.