Pakistani Prime Minister Muhammad Shehbaz Sharif has arrived in Cairo to lead his delegation at the D-8 Summit, focusing on “Investing in Youth and Supporting SMEs.” The summit addresses economic development and critical humanitarian issues in the Middle East, with high-level meetings planned among member states.
Prime Minister Muhammad Shehbaz Sharif of Pakistan has officially arrived in Cairo to lead his nation’s delegation at the 11th Summit of the Developing Eight (D-8) nations. This summit, scheduled for December 18-19, primarily centers on the theme “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy.” His visit is marked by engagements with key Egyptian officials and representatives from Pakistan’s embassy upon his arrival.
At the summit, Prime Minister Sharif aims to emphasize the significance of investing in youth and small and medium-sized enterprises (SMEs) as fundamental components in fostering robust and inclusive economies. He intends to highlight their role in generating employment opportunities, promoting innovation, and nurturing local entrepreneurship, which are essential for sustainable growth.
In addition to addressing economic development, the Prime Minister will participate in a special session dedicated to discussing the humanitarian crisis and rebuilding challenges in Gaza and Lebanon, stemming from the ongoing Middle Eastern conflicts. This critical dialogue aims to understand and manage the ramifications of such crises on the affected populations.
Moreover, Prime Minister Sharif’s itinerary includes bilateral meetings with leaders from other D-8 member nations, where he may explore collaborative opportunities. Accompanying him are Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, along with Federal Minister for Information & Broadcasting Ataullah Tarar, indicating the high-level representation from Pakistan at this important gathering.
The D-8 Organization for Economic Cooperation, also referred to as Developing-8, was founded in 1997 in Istanbul. It comprises eight nations: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. The organization aims to bolster economic cooperation among its members, striving for enhanced economic growth, sustainable development, and improved living standards by fostering collaboration in sectors such as agriculture, trade, transportation, industry, energy, and tourism.
The D-8 summit convenes member countries with a shared goal of economic collaboration aimed at promoting development and elevating living standards among their populations. Founded in 1997, the organization seeks to address economic disparities and challenges faced by its member states while emphasizing sector-specific growth. This year’s summit highlights the importance of investing in youth and SMEs, acknowledging their critical role in driving economies and addressing pressing global issues, such as humanitarian crises resulting from geopolitical conflicts.
In conclusion, Prime Minister Shehbaz Sharif’s visit to Cairo for the D-8 summit highlights Pakistan’s commitment to fostering economic development through youth and SME investment. The summit serves as a platform for discussing pressing economic and humanitarian issues, particularly the crises in Gaza and Lebanon. As the D-8 organization continues to strive for enhanced economic cooperation, it stands to reinforce the significance of collaborative efforts among developing nations in achieving sustainable growth.
Original Source: www.dailynewsegypt.com
