United Nations Industrial Development Organisation, UNIDO, and the Developing Eight Organisation for Economic Cooperation, D-8, have agreed to jointly promote and accelerate inclusive and sustainable industrial development in developing countries.
This, according to a statement by UNIDO would be done in transition with a special focus on poverty reduction and environmental sustainability.
It said a joint declaration on this purpose was signed in Vienna Thursday by the Director General of UNIDO, LI Yong, and the Secretary-General of D-8, Seyed Ali Mohammad Mousavi.
As an inter-governmental organization D-8 focuses on economic cooperation within eight developing countries namely, Bangladesh, Egypt, Indonesia, Islamic Republic of Iran, Malaysia, Nigeria, Pakistan and Turkey.
It pursues the objectives of improving Member States’ positions in the world economy, diversifying and creating new opportunities in trade relations and providing better standards of living.
Joint UNIDO and D-8 activities are foreseen in the areas of trade capacity-building, including of small and medium-sized enterprises, and the promotion of entrepreneurship; in such sectors as ceramic and glass, cement, machinery, automotive, food, iron and steel.
Others are textile, garment and petrochemical; as well as in rural renewable energy and industrial energy efficiency; climate change and cleaner production; and in investments and technology promotion.

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