President Asif Ali Zardari assured the heads of state and government of D-8 countries, Pakistan’s fullest support in their collective efforts to achieve the common goals of peace and prosperity for their peoples. The eighth Summit of the Developing Eight (D-8) was held in Islamabad on 22 November, 2012. The heads of state and government from Indonesia, Iran, Nigeria and Turkey attended the Summit along with their Foreign Ministers.
President Asif Ali Zardari took the chairmanship of the D-8 after the President of Nigeria Goodluck Jonathan invited him to assume the chair for the next two years. President Zardari thanked President Jonathan for his leadership during the last two years.
In his welcome statement, President Zardari stated that the Islamabad Summit would make a difference in cementing collective actions and achieving long term objectives. He said that the presence of D-8 leaders in Islamabad reflected their collective determination to benefit from the D-8 and to support Pakistan.
He urged the democracies of the D-8 member countries to work for the better future of one billion people in the D-8 community to realize their collective potential. He said the D-8 is an ideal vehicle for achieving the agenda of emerging Muslim nations.
The President noted that the D-8 organization had huge untapped potential. He encouraged free flow of goods, peoples and finances.
President Zardari said the signing of the Charter and Global Vision will consolidate D-8 cooperation.
He proposed the setting up of trade and development banks and engaging in barter trade wherever possible.
He said the government was seeking democratic means to resolve the problems and reaffirmed Pakistan’s resolve to fight and eliminate terrorism from its soil.
Referring to the Palestinian and Kashmir causes, the President called for concerted action to meet the challenges faced by the Muslim world.
The Summit adopted the D-8 Charter, Global Vision and Islamabad Declaration. Leaders from D-8 in their statements felicitated Pakistan on assuming the chairmanship and reposed their confidence in Pakistan’s leadership. In a special ceremony following the Summit meeting, the leaders witnessed signing of the Charter by their Foreign Ministers.
A key focus of the Summit was promotion of trade between D-8 countries. A number of trade and business events were held on this occasion.
The Prime Minister inaugurated the Trade Exhibition on 19 November and D-8 Business Forum on 20 November, attended by businessmen and entrepreneurs.
The Governors of D-8 Central Banks also held a meeting and issued a communique on financial and monetary cooperation.
Bilateral meetings were also held on the sidelines by the leaders of the D-8 countries with President Asif Ali Zardari and Prime Minister Raja Pervez Ashraf.