Daka seeks trade, investment cooperation agreements among D-8 members: Momen

Foreign minister Dr AK Abdul Momen

today said Dhaka proposed to sign a ‘trade and investment cooperation

agreement’ among the D-8 member countries emphasizing the trade as the

most important area of cooperation within the preview of D-8 platform.

“Our Honorable Prime Minister Sheikh Hasina suggested the D-8

secretariat to review the possibility of signing a Trade and

Investment Cooperation Agreements among the D-8 member states,” he

told a virtual media briefing after ending of the D-8 Summit this


Bangladesh held the 10th D-8 Summit virtually today while Prime

Minister Sheikh Hasina led the Bangladesh delegation at the summit

under the theme – “Partnership for a Transformative World: Harnessing

the Power of Youth and Technology”.

The D-8 Organization for Economic Cooperation, also known as

Developing-8 consists of 8 developing Muslim dense countries-

Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and


During the summit, Turkey, the current chair of D-8 handed over the

chairmanship to Bangladesh for the next two years while “D-8 Decennial

Roadmap 2020-2030” and “Dhaka Declaration 2021” were adopted.

“The D-8 roadmap for next 10 years and the Dhaka declaration will

be focused in the Bangladesh’s activities regarding the D-8

cooperation during its next two years tenure as the chair,” Dr Momen


The foreign minister said it is significant as Bangladesh hosted

and chaired this summit at a unique time when the country is

celebrating the birth centenary of Father of the Nation Bangabandhu

Sheikh Mujibur Rahman and Golden Jubilee of its independence.

“We do believe hosting the 10th D-8 summit and our D-8 chairmanship

for the next two years will help us to highlight Bangladesh’s

development advancement in the international platforms as well as to

further strengthen Dhaka’s own diplomatic position in the world

arena,” he said.

While chairing the summit today, Momen said, Prime Minister Sheikh

Hasina urged the D-8 leaders to implement the “Simplification of Visa

Procedures for the Businessmen of the D-8 Member States” for

encouraging the private sector doing intra-trade among the member


The foreign minister said Dhaka proposed to create a resilient

post-pandemic cooperation model among all D-8 countries for improving

member states’ life and livelihood situation after the COVID era. “All

other D-8 leaders welcome our proposals regarding this,” he said.

He said all the member states encouraged to explore the

possibilities of developing and enhancing transport connectivity among

D-8 Member States with the objective to facilitate the intraD-8 trade.

They also emphasized on ratifying and operationalizing the

Preferential Trade, the Visa and the Customs Agreements as soon as

possible in order to promote and ensure substantial cooperation among

the Member States in this vital sectoral track of cooperation, Momen


Regarding the Rohingya crisis, Momen said, the D-8 leaders

supported the moral cause of safe, voluntary, sustainable and

dignified return of persecuted Rohingyas to Myanmar from Bangladesh.

The D-8 leaders called upon the member states to cooperate in

negotiations with the international pharmaceutical companies

manufacturing COVID-19 vaccines, which will give advantage in

quantities and prices for all the D-8 Member States.

Besides, they also suggested that the member states could consider

conducting of a feasibility study for establishing a Pandemic Diseases

Fund in order to fight chronic diseases like COVID-19.

The D-8 leaders showed keen interest to pursue the objective of

sustainable socio-economic development and recognizing the importance

of mutual cooperation in six priority areas of cooperation: Trade,

Agriculture and Food Security, Industrial cooperation and SMEs, Energy

and Minerals, Transportation and Tourism.

State minister for foreign affairs Md Shahriar Alam and foreign

secretary Masud Bin Momen also spoke at the briefing.

Egypt will host the 11th D-8 summit where Dhaka is schedule to

handover the D-8 chairmanship to Cairo.

Source: Bangladesh Sangbad Sangstha (BSS)