ECONOMIC IDEAL – Antalya, Nov 2, IRNA – Thanks to the mechanism to use non-dollar and non-Euro currencies by D-8 member states, taking advantage of national currencies is a priority, Head of Iran expert group in D-8 Commission said.
Speaking to the Islamic Republic News Agency (IRNA) on Friday, Abolghasem Tahmasebi said during the meeting issues related to D-8 annual plans and also the budget were discussed.
The annual budget and also establishing D-8 university were also ratified in the meeting, he said.
Referring to using national currencies for trade, Tahmasebi said trade will be facilitated as a result.
He also referred to launching D-8 credit card by Malaysian delegation which is the same as master card, saying the issue will be reviewed by the member states.
The D-8 Organization for Economic Cooperation, also known as Developing-8, is an organization for development of co-operation among the following countries: Bangladesh, Egypt, Nigeria, Indonesia, Iran, Malaysia, Pakistan, and Turkey.
Iranian Foreign Minister Mohammad-Javad Zarif is scheduled to attend the 18th session of the D8 Council of Foreign Ministers, slated to be held in Turkey's Antalya Province on November 3.
During the session, a number of issues, including the development of relations among the D8 member states, will be discussed.
The previous 17th session of the D8 Council was held in Istanbul in October 2017.
The 41st session of the D8 Commission was held in Istanbul from November 1 to 2 under the chairmanship of the Republic of Turkey. The commissioners and heads of delegation from all the D8 Member States took part in the two-day event.
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Source : I R N A