Bangladesh to remain chair of D-8 for one more year: FM
GBNews24 Desk//
Bangladesh will remain chair of D-8 for another year as Egypt will remain busy with Conference of the Parties (COP27), foreign minister AK Abdul Momen said on Wednesday.
He said that the member states accepted the proposal when Egypt came up with it at the D-8 Ministerial meeting on Wednesday.
The foreign minister briefed the media on the outcome of the D-8 Ministerial meeting at a hotel in Dhaka.
Preferential Trade Agreement is likely to be operational in October this year which will help boost intra-trade among D-8 members. The current intra-trade volume is now USD 129 billion.
D-8, also known as Developing-8, is an organisation for development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
It was officially launched in Istanbul in 1997.
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