Prime Minister Muhammad Shehbaz Sharif of Pakistan arrived in Cairo to lead the country’s delegation at the 11th D-8 Summit, focusing on investment in youth and small-medium enterprises (SMEs). Key discussions will address the humanitarian crises in Gaza and Lebanon, alongside meetings with other leaders to enhance economic cooperation among member nations.
The Prime Minister of Pakistan, Mr. Muhammad Shehbaz Sharif, has arrived in Cairo for an official visit, where he is set to lead Pakistan’s delegation at the 11th Summit of the Developing Eight (D-8) countries. Scheduled to take place from December 18 to 19, the summit’s theme revolves around “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.” Upon his arrival, Prime Minister Sharif was welcomed by Egyptian Minister for Public Business Sector, Mohamed Shimi, alongside senior Egyptian officials and members of the Pakistani Embassy in Cairo.
During the summit, Prime Minister Sharif aims to underscore the vital investment in youth and small and medium-sized enterprises (SMEs) as fundamental to nurturing inclusive, robust economies. He will amplify the significance of these sectors in job creation, innovation stimulation, and the promotion of local entrepreneurship. Additionally, the Prime Minister is slated to partake in a special session addressing the humanitarian crisis and reconstruction efforts in Gaza and Lebanon, illuminating the recent conflicts impacting the Middle East.
On the margins of the summit, Prime Minister Sharif is anticipated to engage in bilateral discussions with fellow leaders attending the D-8 Summit. His delegation includes Deputy Prime Minister and Foreign Minister Mr. Muhammad Ishaq Dar, alongside Federal Minister for Information & Broadcasting Mr. Ataullah Tarar. The D-8 organization, known for boosting economic collaboration among member states, seeks to drive growth, sustain development, and improve living standards through cooperative efforts in varied domains such as agriculture, trade, transportation, industry, energy, and tourism.
The Developing Eight (D-8) organization was established in Istanbul in 1997 with the objective of fostering economic cooperation among its member countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. By working collectively, these nations aim to stimulate economic growth and elevate the living standards of their populations. Central to their efforts are initiatives improving trade relations, enhancing infrastructure, and increasing investment in key sectors, particularly focusing on youth and SMEs, which are crucial for sustainable and inclusive economic development.
In conclusion, Prime Minister Muhammad Shehbaz Sharif’s participation in the D-8 Summit in Cairo reflects Pakistan’s commitment to economic collaboration with developing nations. The emphasis on investing in youth and SMEs highlights the pivotal role these sectors play in fostering innovation and job creation, while discussions on humanitarian crises underscore the organization’s broader socio-economic responsibilities. Through bilateral meetings and strategic dialogues, the summit aims to bolster cooperation among member states, paving the way for enhanced socio-economic progress.
Original Source: www.dailynewsegypt.com
