Egypt first to ratify D-8 Charter

Egypt is the first country of the D-8 Organization for Economic Cooperation to approve the D-8 charter.

Egypt first to ratify D-8 Charter

World Bulletin/News Desk

Egypt has become the first country to ratify the D-8 Charter, drawn up by the D-8 Organization for Economic Cooperation in 2012, after Egypt's interim President Adly Mansour signed, the Secretariat of the D-8 said.

The charter is an overarching legal instrument that will govern the work and purpose of the organization, which was founded in 1997 by Turkey's former Prime Minister Necmettin Erbakan for the development of cooperation among Turkey, Indonesia, Malaysia, Pakistan, Iran, Bangladesh, Nigeria and Egypt.

The Secretariat added that the D-8 Charter, which must be approved by at least five of the eight D-8 member countries to be put into action, is also in the process of ratification in other member countries, including Turkey where it was submitted by the Prime Minister to the Turkish Parliament in November 2013.

The D-8 Charter is regarded as a milestone for the organization giving it official recognition in the international arena.  It was signed by the foreign ministers of the member states in November 2012 in Islamabad upon the initiative of Turkey's Foreign Minister Ahmet Davutoglu.

Turkey will take over the presidency of the organization during the next Summit of Heads of State taking place in Turkey in the last quarter of 2014.

 

Last Mod: 22 Mart 2014, 23:52
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