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(5/13/2006) Indonesia will play host to the Developing 8 (D-8) group at a summit to be held in Bali on May 13, 2006.
The D-8, founded in 1977, is comprised of countries with large Muslim populations who have formed an economic development alliance. The current members of the D-8 are Indonesia, Bangladesh, Egypt, Iran, Malaysia, Migeria, Pakistan and Turkey.
Each member country of the D-8 is expected to send high level delegations to Bali to jointly pursue the stated objectives of the D-8, namely: “to improve developing countries' positions in the world economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, and provide better standards of living."