D8 Summit Produces 2 Documents for Economic Development: Minister

    Wahyu Dwi Anggoro - 09 April 2021 11:22 WIB
    D8 Summit Produces 2 Documents for Economic Development: Minister
    Illustration (Photo:Medcom.id)

    Jakarta: The Dhaka Declaration and Decennial Roadmap for 2020-2030 were adopted during the Developing Eight (D-8) Summit on Thursday, according to Indonesian Foreign Minister Retno Marsudi.

    The summit, adopting the theme of "Partnership for a Transformative World: Harnessing the Power of Youth and Technology", is a biennial meeting of leaders of D-8 member states.

    D-8 itself was established in June 1997 to gather economic power of Muslim-majority countries in the diverse Organization of Islamic Cooperation.

    "The D-8 Summit was attended by almost all leaders of D-8 member states, including Bangladesh, Indonesia, Iran, Malaysia, Egypt, Pakistan, Turkey, and Nigeria. The 10th D-8 Summit was chaired directly by Prime Minister of Bangladesh Sheikh Hasina as the Chair of D-8,” said the Indonesian Minister, as quoted from the Cabinet Secretariat's website.

    Dhaka Declaration is a declaration that contains political commitments of the D-8’s vision to continue to cooperate in economic development and to improve the bargaining power of the organization at the global scale.

    Meanwhile, Decennial Roadmap for 2020-2030 serves as a guideline and framework composed by member states of the D-8 to achieve the commitment stipulated in the Dhaka Declaration within a decade.

    For the record, the summit was the peak of a series of D-8 meetings, which include a commission meeting, foreign minister meetings, and some other side events, such as a youth summit and a business forum.

    A number of initiatives that were also ratified in the 10th summit include the soft launching of D-8 Payment Card, D-8 Network of Pioneer for Research and Innovation, and D-8 Creative, Economy, and Financial Center. 


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