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» Personal Loan No Credit Check, Online Economics » Globalization » Topics begins with G » Group of the eight developing countries


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At the group of the eight developing countries (briefly D-8, of English "Developing 8 Countries ") it acts around a group of developing countries with by the majority Muslim population, whom united to an alliance for economic development. Among the D-8-Staaten rank Bangladesh, Egypt, Indonesia, Iran, Nigeria, Pakistan and Turkey. The group was officially created on 15 June 1997 in Istanbul with the explanation by Istanbul. Before there were some preparation meetings with representatives of the states involved.

The goals of the D-8 insist according to own data in improving the position of the developing countries in the world economy to diversify and new possibilities for trade relations create trade relations, the possibilities of the sharing with decisions on international level develop and for better living conditions to provide.

At their meeting on Bali of 13. up to 14. The D-8-Staaten the trade agreement signed May 2006 "Preferential trade Agreement "(PTA), with which by the dismantling by tariffs the trade was to be developed between the D-8-Staaten. The organs of the D-8 are the summit government and of the heads of state, an advice and a commission. The summits, the highest decision-making body of the D-8 take place every two years. In the advice the ministers of foreign affairs of the D-8-Staaten are represented. The commission is the executive body of the D-8.

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