Egyptian President Abdel Fattah Al-Sisi hosted the eleventh D-8 Group for Financial Cooperation summit within the New Administrative Capital.
The D-8 Group for Financial Cooperation, comprising Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Turkey, was established in 1997 to foster financial development and growth.
The D-8 goals to improve financial cooperation, diversify commerce alternatives, and enhance member states’ positions inside the world financial system.
The group focuses on key sectors resembling commerce, agriculture, trade, vitality, and transportation to foster sustainable growth throughout its member states.
Throughout the summit, Al-Sisi met with Iranian President Masoud Pezeshkiani to talk about regional stability and bilateral relations. Egypt mentioned efforts to mediate peace in Palestine, together with its initiatives for a ceasefire and humanitarian help supply.
President Pezeshkian’s go to to Egypt is the first since former President Mahmoud Ahmadinejad’s journey in 2013.
President Al-Sisi additionally engaged in discussions with Turkish President Recep Tayyip Erdoğan focusing on boosting commerce, growing funding, and resolving regional crises.
Additionally they mentioned Egypt’s efforts to facilitate humanitarian help and mediate peace within the Gaza Strip in addition to the continuing disaster in Syria, the place each nations harassed the necessity for a unified political decision to make sure stability and reconciliation.
