ANKARA – Thanks to the mechanism to use non-dollar and non-Euro currenciesby D-8 member states, taking advantage of national currencies is apriority, Head of Iran expert group in D-8 Commission said.
Speaking to the Islamic Republic News Agency (IRNA) on Friday, AbolghasemTahmasebi said during the meeting issues related to D-8 annual plans andalso the budget were discussed.
The annual budget and also establishing D-8 university were also ratifiedin the meeting, he said.
Referring to using national currencies for trade, Tahmasebi said trade willbe facilitated as a result.
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He also referred to launching D-8 credit card by Malaysian delegation whichis the same as master card, saying the issue will be reviewed by the memberstates.
The D-8 Organization for Economic Cooperation, also known as Developing-8,is an organization for development of co-operation among the followingcountries: Bangladesh, Egypt, Nigeria, Indonesia, Iran, Malaysia, Pakistan,and Turkey. APP/IRNA
