ISLAMABAD: The Pakistan will host the 16th high-level meeting of the Council of Minister of D-8 countries in Islamabad on Thursday (tomorrow) for holding discussion on several issues as well as the economic cooperation.
The meeting will be inaugurated and chaired by Adviser to the Prime Minister on National Security and Foreign Affairs Sartaj Aziz.
Foreign Minister of Iran Dr. Mohammad Javad Zarif, Foreign Minister of Turkey Ahmet Davutoglu, Deputy Foreign Minister of Indonesia Wardana, Special Advisor to the Turkish Prime Minister Ali Sarikaya, and senior officials from other member states will attend the meeting.
In its capacity as the chair of the D-8, Pakistan along with other member countries is making efforts to enable the private sectors to enhance business and trade among the members. The current intra-D-8 trade stands at 150 billion dollars which is targeted to increase to 500 billion dollars during the next four years.
Pakistan has ratified all key agreements related to trade, visa facilitation and customs matters and is keen to commence the process of tariff reduction by member states.
The Council meeting will take important decisions in regard to early implementation of the Preferential Trade Agreement, activation of private sector and the way forward for the D-8 in its second phase of existence which will ensue with the 9th Summit to be held in Turkey next year.
On the occasion of the Council session, the Foreign Ministers of Iran and Turkey will separately meet the Adviser to the Prime Minister on National Security and Foreign Affairs. They will discuss matters relating to bilateral relations as well as ways to strengthen the D-8.
The next Council meeting will be held in Turkey during the last quarter of next year.