D-8 targets $500bn trade by 2030, highlights Abuja SME centre
The Developing Eight Organisation for Economic Cooperation has set a target of increasing trade among its member countries to $500bn by 2030, highlighting Nigeria’s role through the establishment of its Centre for Small and Medium Enterprises in Abuja. The D-8 Secretary-General, Ambassador Sohail Mahmood, disclosed this on Thursday at the second D-8 Business Forum in Read More:…
The Developing Eight Organisation for Economic Cooperation (D-8) has set a target of increasing intra-D-8 trade to $500 billion by 2030, with a focus on Nigeria's role through its Centre for Small and Medium Enterprises in Abuja. D-8 Secretary-General Ambassador Sohail Mahmood highlighted the importance of stronger private-sector partnerships, improved market access, increased investment, and resilient supply chains during the second D-8 Business Forum in Jakarta.
With D-8 trade currently at approximately $157 billion in 2024, the organisation aims to leverage member countries' combined GDP of over $5 trillion and significant human, industrial, and natural resources to achieve this ambitious goal.
Brief written by urgent.news from Punch Nigeria's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
