Pakistani Prime Minister Muhammad Shehbaz Sharif arrives in Cairo for the 11th D-8 Summit, focusing on youth investment and SMEs. His participation highlights economic cooperation, with discussions including humanitarian challenges in Gaza and Lebanon. The D-8, established in 1997, aims to enhance economic collaboration among member states.
The Prime Minister of Pakistan, Muhammad Shehbaz Sharif, has officially arrived in Cairo for the 11th Summit of the Developing Eight (D-8) nations. This summit, scheduled for December 18-19, focuses on the theme “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.” On his arrival, he was welcomed by Egyptian officials, including Mohamed Shimi, the Minister for Public Business Sector, alongside members from the Pakistani Embassy.
During the summit, Prime Minister Sharif will advocate for the vital importance of investment in youth and small to medium-sized enterprises (SMEs) as keys to fostering strong and inclusive economies. He aims to underscore how these investments can generate employment, inspire innovation, and nurture local entrepreneurship.
Additionally, Sharif is set to participate in a special D-8 session dedicated to addressing humanitarian crises and reconstruction in Gaza and Lebanon, reflecting on the ongoing geopolitical challenges in the region. Furthermore, he will engage in bilateral discussions with other leaders in attendance, advancing Pakistan’s diplomatic and economic dialogue. Accompanying the Prime Minister is a delegation including Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar and Federal Minister for Information & Broadcasting Ataullah Tarar.
The D-8 organization, established in 1997 in Istanbul, comprises member states Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. Its fundamental objective is to enhance economic cooperation among its members, focusing on vital sectors such as agriculture, trade, energy, transportation, and tourism, aiming to cultivate economic growth and improve living standards across these nations.
The Developing Eight (D-8) organization was conceived to promote economic collaboration among developing countries to accelerate their growth and development. Since its inception in 1997, the D-8 has aimed to serve as a platform for fostering cooperative projects that can uplift member states economically and socially. The upcoming summit in Cairo presents a vital opportunity for leaders to address pressing issues such as youth empowerment and the significance of SMEs in driving economic progress. The focus on humanitarian concerns, particularly those stemming from conflicts in Gaza and Lebanon, further highlights the organization’s commitment to addressing both economic and social challenges in the region.
In summary, Prime Minister Muhammad Shehbaz Sharif’s participation in the D-8 Summit in Cairo underscores Pakistan’s commitment to strengthening economic ties among developing countries. By focusing on youth investment and the role of SMEs, the summit seeks to promote sustainable growth and job creation. Furthermore, discussions on humanitarian crises reflect the D-8’s broader objectives of fostering collaboration in addressing global challenges.
Original Source: www.dailynewsegypt.com
