Egypt will chair the D-8 summit featuring a special session on Palestine and Lebanon, focusing on economic cooperation amidst global tensions and humanitarian crises, particularly those linked to the Israeli conflict in Gaza.
The Developing Eight Organization for Economic Cooperation (D-8) summit, chaired by Egypt, will convene on Thursday, featuring a pivotal session dedicated to the issues facing Palestine and Lebanon. Egyptian Foreign Minister Badr Abdelatty announced this during a statement from the Egyptian Foreign Ministry, underscoring the summit’s focus on enhancing economic collaboration among member nations, such as Türkiye, Nigeria, Pakistan, Iran, Indonesia, Malaysia, and Bangladesh. The event is particularly timely, responding to pressing regional and international crises, including the impact of the ongoing Israeli conflict with Gaza, which has resulted in extensive humanitarian challenges and infrastructure damage.
Abdelatty elaborated on the significance of this summit amidst critical economic pressures faced by developing nations, accentuating the detrimental effects stemming from the Israeli actions across Gaza, Syria, and Lebanon. In light of these violations of international law, he highlighted Egypt’s initiative to highlight these issues through a special session. Moreover, the minister reaffirmed the group’s commitment to fostering economic opportunities, solidifying trade relations, and encouraging involvement from the private sector, especially in youth engagement.
The preparation for the summit was preceded by the 21st Council of Foreign Ministers meeting, held in Egypt’s New Administrative Capital, where significant discussions took place alongside foreign ministers from Türkiye and Iran. The summit is themed “Investing in Youth and Supporting Small Medium Enterprises, Shaping Tomorrow’s Economy,” which reflects the D-8’s dedication to addressing current economic challenges while advancing regional cooperation and development.
The Developing Eight Organization for Economic Cooperation, established in 1997 in Türkiye, aims to bolster economic and social relations among its member countries. Given the diverse backgrounds of its members – including Türkiye, Egypt, Nigeria, Pakistan, Iran, Indonesia, Malaysia, and Bangladesh – the D-8 acts as a platform for collective economic growth and addressing regional challenges. This summit occurs at a critical time when many developing nations are grappling with the economic ramifications of geopolitical tensions, particularly the protracted conflict involving Israel and Palestine, which has exacerbated humanitarian crises and infrastructure disrepair.
The upcoming D-8 summit represents a crucial opportunity for member nations to collectively address significant regional challenges, particularly those related to the conflicts in Palestine and Lebanon. By enhancing economic cooperation and exploring new trade opportunities, the summit aims to empower developing nations in facing contemporary global pressures. Minister Badr Abdelatty’s emphasis on the humanitarian impacts of regional conflicts underscores the need for decisive action and solidarity among the D-8 countries.
Original Source: www.aa.com.tr
