The 41st session of the D-8 Commission was held in Istanbul on from 1 to 2 November 2018 under the Chairmanship of the Republic of Turkey. The Commissioners and Heads of delegation from all the D-8 Member States took part in the two-day event.
In his statement, the Secretary-General highlighted the importance of engaging the private sector and SMEs as the main engine of growth, enhancement of the visibility of the Organization, establishment of direct contact with the stakeholders for a more result-oriented approach, adoption of thematical focus for tangible results and identification of areas of success as the main pillars of his vision for the project implementation phase of the Organization. He made particular emphasis on the increasing number of private sector activities and elaborated on the need for the establishment of permanent representation of Member States to the D-8 secretariat. The Secretary-General also presented the progress report on activities since June, 2018.
On his part, the D-8 Deputy Commissioner of Turkey and Chair of the meeting, Ambassador Kerem Kiratli, highlighted the progress with regards to the proposed D-8 Clearing House as means to protect Member States against turbulences in the global economy, the efforts to expedite the implementation of the PTA and the increased engagement of the private sector in the D-8 activities through the finalization of the CCI statute.
The Commission discussed the following agenda items:
Furthermore, discussions took place among the D-8 Commissioners on Decision-making Mechanisms to Permit Prompt Response to the Challenges of the New Century and on enhancing the cooperation in Science, Technology and Research among D-8 Member States (ESCTRA D-8) Cooperation platform (a central financing mechanism among D-8 Member States)
A delegation from KOMEPS FINTECH of Malaysia presented a project proposal on D-8 Payment Card. KOMEPS is working on a payment mechanism for the D-8 Member States which would offer the citizens and business community of the D-8 in particular, alternative choice of payments for financial transactions.
In the same vein, Dr. Ado J. G. Muhammad, made a presentation on “D-8 Health Partnership: Realization of the D-8’s Health and Social Protection Agenda” that entails a potential $2.7 tr GDP collective economic benefit for the group.
The Commission has approved the draft agenda of the 18th Session of the Council of Ministers which will be held on 3 November 2018.
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