Pursuing sustainable growth D-8 outlines Global Vision for Cooperation

23 Nov, 2012

The D-8 summit on Thursday chalked out a Global Vision (2012-2030) for promoting co-operation among member states in all possible fields, particularly in the agreed upon priority areas. The Vision envisages enhancing mutually beneficial interdependence within the D-8 community and active promotion of liaison with other regional and international organisations and institutions to realise internationally agreed development goals and graduation of LDCs.
Other important aspects of the Vision include: "D-8, as an inter-governmental organisation...based on friendship, solidarity and pursuit of sustainable economic growth, endowed with abundant human and natural resources, aspires to become a dynamic economic grouping promoting sustainable development of its member states, as well as be a major actor in the global economic governance and system, and international economic co-operation.
"To work towards broadening the support for the Organisation at the national level within the member states, and strengthen its weight and voice at regional and international levels, including through active engagement in and promotion of South-South and South-North co-operation. "To promote and enhance collaborative partnership and engagement between public and private sectors at the national level within and among the member states;
"To pursue good governance, rule of law, sound economic policies, and political stability as prerequisites for a smooth process of long-term development, improvement in standards of living in the member states, and the promotion of mutually beneficial relations with other member states, regional groups and the world at large;
"To rise to the task of meeting existing and emerging global challenges through innovative collaboration arrangements and mechanisms in such strategic fields as capacity-building, transfer of technology, and investment and capital assistance, in order to cushion against externally induced economic shocks, climate change, food and energy insecurity, etc; "To strive towards developing an appropriate model for integration among the member states with a view to promoting the Organization's competitive edge at the international level; and
"To contribute to the changing architecture of global economic governance from the perspective of developing countries. "D-8 will collaborate with others on the basis such core values as peace, dialogue, co-operation, justice, equality, moderation, democracy, rule of law, harmony, peaceful coexistence, and inclusion.

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