Intertextile Shanghai 2026
cinte techtextil 2026
itma 2027

D-8 Ministers Adopt Cairo Declaration, Advance Preferential Trade Talks

Trade ministers from the Developing-8 (D-8) group adopted the Cairo Trade Declaration at the conclusion of their ministerial meeting held on December 2, 2025, marking a major step toward deeper economic cooperation and expanded preferential trade among member states, Egypt’s Investment Minister Hassan El-Khatib announced. Read it on Kohan Textile Journal.

D-8 Ministers Adopt Cairo Declaration, Advance Preferential Trade Talks

The ministers approved reports submitted by the group’s supervisory and expert committees and endorsed the terms of reference for negotiations on a Comprehensive Economic Partnership Agreement (CEPA). The move signals a coordinated effort to modernize and strengthen economic ties across the D-8 bloc.

El-Khatib said the latest outcomes are a continuation of commitments made at the D-8 Cairo Summit in December 2024, where members agreed to shift focus from political coordination toward “tangible economic initiatives.” These include trade facilitation, SME support, and cooperation in technology and artificial intelligence.

Focus on Preferential Trade, Business Cooperation and Regional Integration

The ministers agreed to accelerate the implementation of the D-8 Preferential Trade Agreement (PTA) and enhance the customs mechanisms linked to it, describing the PTA as a key driver for boosting intra-group trade.

Progress was also reported on the establishment of a new D-8 Business Forum, which is designed to attract joint investments and connect business leaders across member states to identify projects in priority economic sectors.

El-Khatib highlighted Egypt’s intention to leverage its strategic geographic location, advanced logistics infrastructure, and special economic zones to facilitate greater regional integration between Africa and Asia.

He also expressed appreciation to the D-8 Secretariat, led by Secretary-General Ambassador Isiaka Abdulqadir Imam, for organizing the meeting, and praised member states for their “constructive engagement” and continued confidence in Egypt’s chairmanship of the group.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img
spot_img
spot_img
spot_img
AMEC AMETEX
spot_img
spot_img
spot_img

Related News

Itaca – Revolutionary Pigment Inks for Digital Textile Printing with NCR-Technology

Itaca is a Spanish ink producer, having its foundation...

Brazil’s Textile Industry Calls for Tax Incentive Extension Until 2032

São Paulo Manufacturers Warn That Ending ICMS Tax Credit...

BW Converting to spotlight Baldwin TexCoat® G4 at Guatemala’s 33rd Apparel Sourcing Show

BW Converting will introduce textile manufacturers to the capabilities...

Global Islamic Clothing Market to Reach $153.6 Billion by 2033

The global Islamic clothing market is projected to grow...

BGMEA and BTMA Unite to Advance Bangladesh’s $100 Billion Apparel Export Target

Bangladesh’s two leading textile and apparel trade associations have...

Lenzing Reports Strongly Improved Half-Year Results and Accelerates Strategic Transformation Agenda

Focus on profitability rather than volume growth: Revenue...

Intertextile Shanghai 2026 Unveils Future-Focused Fringe Programme

Intertextile Shanghai Home Textiles – Autumn Edition will complement...

Intertextile Shanghai Home Textiles 2026 to Spotlight Premium and Sustainable Designs

Intertextile Shanghai Home Textiles – Autumn Edition will return...

AfDB Invests €200 Million in Morocco’s Future Workforce

The African Development Bank Group has approved €200 million...

Texhibition Istanbul 2026 to Showcase Türkiye’s Textile Sourcing Strength

The global textile industry will return to Istanbul this...

Discover Trützschler’s latest spinning and card clothing innovations at CAITME 2026

From September 8 to 10, 2026, Trützschler will present...

Freudenberg Performance Materials Acquires Foshan United Medical to Expand Advanced Wound Care Business

Freudenberg Performance Materials, a global leader in technical textiles,...