Pakistan Prime Minister Arrives in Cairo for D-8 Summit Focused on Youth and SMEs
Pakistani Prime Minister Muhammad Shehbaz Sharif has arrived in Cairo for the 11th D-8 Summit, focusing on “Investing in Youth and Supporting SMEs”. He aims to emphasize the importance of youth and SMEs in job creation and economic sustainability. Sharif will also address humanitarian crises in Gaza and Lebanon while engaging in bilateral discussions with other leaders.
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) countries, scheduled from December 18 to 19. The summit’s theme, “Investing in Youth and Supporting SMEs: Shaping Tomorrow’s Economy,” emphasizes the integral roles of youth investment and small and medium-sized enterprises in economic growth. Noteworthy is Sharif’s focus on job creation, fostering innovation, and nurturing local entrepreneurship during discussions.
Upon his arrival at Cairo Airport, he received a warm welcome from Mohamed Shimi, Egypt’s Minister for Public Business Sector, alongside senior officials and representatives from the Pakistani Embassy. Additionally, Sharif will participate in a special session concerning the humanitarian crisis and reconstruction efforts in Gaza and Lebanon, addressing the challenges posed by ongoing conflicts in the Middle East.
On the sidelines of the summit, Sharif plans to engage in bilateral meetings with fellow leaders attending the event. The delegation accompanying him includes Deputy Prime Minister and Foreign Minister Muhammad Ishaq Dar, as well as Federal Minister for Information and Broadcasting Ataullah Tarar. The D-8 Organization for Economic Cooperation was established in Istanbul in 1997 and comprises eight member states: Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan, and Türkiye. Its primary goal is to foster economic collaboration, thereby enhancing member countries’ growth, sustainability, and living standards through crucial sectors such as agriculture, trade, and energy.
The D-8 Organization for Economic Cooperation, commonly referred to as Developing-8, was created to enhance economic cooperation among its member countries. Established in 1997 in Istanbul, its core objectives focus on spurring economic growth and sustainable development in the member nations, which include Pakistan, Egypt, and others in the developing world. By addressing various sectors such as trade, agriculture, and tourism, the D-8 aims to improve living standards and build resilient economies that can withstand global challenges. The current summit marks a significant opportunity for member nations to discuss pressing issues including youth empowerment and entrepreneurial support as pathways to long-term economic stability.
In conclusion, Prime Minister Shehbaz Sharif’s participation in the D-8 Summit underscores Pakistan’s commitment to fostering collaborative economic growth, particularly through the investment in youth and small enterprises. His engagements aim to address not only economic challenges but also pressing humanitarian crises such as those in Gaza and Lebanon. The outcomes of such discussions hold significant potential for enhancing economic partnerships among member states, thereby contributing positively to regional stability and development.
Original Source: www.dailynewsegypt.com
