TEHRAN Iran's Minister of Finance and Economic Affairs Abdolnaser Hemmati met with Secretary-general of the D-8 Organization for Economic Cooperation Isiaka Abdulqadir Imam on Thursday to discuss boosting trade and investment among the eight developing Islamic nations.The meeting took place on the sidelines of the 11th D-8 summit held in Cairo, Egypt.
Hemmati, who accompanied Iranian President Masoud Pezeshkian to the summit, reiterated the blocs target of achieving $500 billion in trade volume by 2030.As IRNA reported, during the meeting, Hemmati emphasized the importance of the D-8's member composition and economic potential, stating that the Iranian government is committed to harnessing and activating these opportunities.The D-8, or Developing-8, comprises eight Islamic developing nations with a combined population of approximately 1.2 billion people.
Trade among member states reached $320 billion in 2022, reflecting substantial economic ties within the bloc.EF/MAPhoto: Iran's Economy Minister Abdolnaser Hemmati (R) and Secretary-general of the D-8 Organization for Economic Cooperation Isiaka Abdulqadir Imam