D-8 Organization for Economic Cooperation

The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organisation for development co-operation among the following countries: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey. 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 international level, and improve standards of living. D-8 is a global arrangement rather than a regional one, as the composition of its members reflects. Organization for Economic Cooperation (D-8) is a forum with no adverse impact on bilateral and multilateral commitments of the member countries, emanating from their membership to other international or regional organizations.

D-8 Organization for Economic Cooperation
Formation1996
1997 (1 Summit)
Legal statusIntergovernmental Organization
HeadquartersIstanbul, Turkey
Membership
8
Secretary-General
Ambassador Isiaka Abdulqadir Imam
President
Sheikh Hasina
Websitewww.developing8.org

The combined population of the eight countries is about 1.2 billion or 60% of all Muslims, or close to 13% of the world's population and covering an area of 7.6 million square kilometers, 5% of world land area. In 2006, trade between the D-8 member states stood at $35 billion, and it was around $68 billion in 2010. Transactions between the 8 developing countries accounted for 3.3 percent of world trade in 2010. The total nominal GDP of the eight nations was around 4.92 trillion as of 2023.

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