Islamabad: Pakistan on Saturday hailed the UN's decision to grant observer status to the Developing-Eight (D-8) Organisation for Economic Cooperation, saying it will help the grouping to take more concerted efforts to establish peace and prosperity.
"The granting of observer status to the D-8 comes at a significant juncture as the D-8 Organisation is poised to enter the second phase of its existence with the 9th Summit to be held in Turkey in December 2014," Foreign Office (FO) said today.
The Turkey Summit plans to adopt a Post-2014 Action Plan focused on implementation of projects and agreements.
The UN General Assembly adopted a resolution on October 23 granting 'Observer Status' to the D-8 organisation, established in 1997 to promote development cooperation among Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Turkey.
The resolution was tabled by Pakistan, the current Chair of the Istanbul-based Organisation, during the ongoing 69th Session of the UN General Assembly.
The status of an observer will provide opportunities to the D-8 for closely interacting with various UN agencies and affiliated institutions for cooperative arrangements in the priority areas.
It will also help harmonise actions of the two organisations for more concerted efforts to establish peace and prosperity apart from helping the D-8 to streamline its priorities and resources in the global perspective.
The decision to seek observer status for the D-8 in the United Nations was taken during the meetings of D-8 Commission and Council of Ministers convened in Islamabad during past two years in line with the Global Vision adopted by the D-8 leaders during Islamabad Summit in November 2012.