Turkey: The tenth summit of eight developing countries (D-8) began virtually in Iran on Thursday. The Summit was attended by Heads of States/Governments of eight D-8 Member States, including Iran, Bangladesh, Malaysia, Pakistan, Indonesia, Egypt, Turkey, and Nigeria.

According to a statement by the Communications Directorate, Turkey will hand over the D-8 term presidency that it has undertaken since Oct. 20, 2017, to Bangladesh at the summit. The D-8 was established in 1997 to promote economic and development cooperation among eight Member States.

The statement also noted that in addition to coordination in the fight against the novel coronavirus, the meeting will aim to accelerate cooperation activities in various fields within the organization, to reveal the vision for the future and to draw a roadmap in this respect.

Organized under the theme "Partnership for a Transformative World: Harnessing the Power of Youth and Technology," the summit will be attended by leaders of member states and countries as well as the president of the Islamic Development Bank, who was invited as a special guest.

The D-8 Secretariat is located in Istanbul. The D-8 objectives include improving developing countries’ position in the world economy, diversifying new opportunities in trade relations, and enhancing participation in decision-making at the international level.  President Hassan Rouhani will explain Iran’s views and stances to further strengthen relations and cooperation among the members of the D8 Organization.

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