25002
D-8 Trade Potential Put at $150b
Economy, Domestic Economy

D-8 Trade Potential Put at $150b

Trade between the commerce chambers of the Developing-8 member states has the potential to rise from the current $98 billion a year to $150 billion, said the Iranian secretary-general of the organization at the first D-8 Chamber of Commerce and Industry Conference in Kuala Lumpur.
Ali Mohammad Mousavi, who took the helm of the organization in January 2014 and has visited Malaysia three times since then, called for further cooperation between the private sectors of the member countries, namely Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey, IRNA reported.
Economic development, creation of job opportunities, improvement of technology and innovation were the topics discussed in the two-day event which wrapped up Wednesday.
Also, to enhance cooperation, the participating D-8 chambers called for the removal of customs and tariff barriers among the member states.
The objectives of D-8 Organization for Economic Cooperation are to improve member states’ position in the global economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, and improve living standards.

Short URL : https://goo.gl/e7VZqM
  1. https://goo.gl/lUvzxL
  • https://goo.gl/ogW1GP
  • https://goo.gl/OCIjJd
  • https://goo.gl/nbLTIv
  • https://goo.gl/q61smm

You can also read ...

BMW’s Tech-Stuffed Concept SUV Heralds Fancy, Electric Future
Changing notions of what customers want from cars have pushed...
Tesla Hits New Speed Bump
Tesla Inc’s Chief Executive Officer Elon Musk on Sunday...
Oil & Gas Sector Most Conducive for Business
The research arm of Iran’s Parliament has conducted a first-of...
3 CBI Officials  to Leave
Following the recent passage of the law banning the employment...
CBA Concerned About Forex Outflow to Iran
The Central Bank of Afghanistan raised concerns about the...
Anzali Port to Be Connected to National Railroad
Anzali Port in the northern Gilan Province will be connected,...
Mineral Trade Surplus Hits $2.9b
Iran exported more than 25.47 million tons of mineral products...
Departure Tax Revenues  Up 117 Percent
The government earned 3 trillion rials ($24 million) from...

Trending

Googleplus