D-8 Highlights Trade Diplomacy at Global Youth Summit Türkiye 2026

D-8 Highlights Trade Diplomacy as a Key Driver of Economic Cooperation and Global Peace at Türkiye Summit

ISTANBUL, October 23, 2026 (Timeline News): The Developing Eight Organization for Economic Cooperation (D-8) has highlighted the importance of international trade diplomacy in strengthening economic cooperation, promoting global peace, and advancing sustainable development during the Global Youth Diplomacy Summit Türkiye 2026.

Mohd Syafik Firdaus Hasbullah, Director of the D-8 Organization, participated as a panel speaker at the summit, held at Istanbul Ticaret University. The event focused on “Football Diplomacy, 21st Century Security Issues and International Trade Diplomacy,” bringing together diplomats, government officials, academics, consultants, and university students to discuss contemporary diplomatic challenges and international cooperation.

Speaking during a panel discussion on international trade diplomacy, Director Syafik emphasized the need to strengthen economic ties among developing countries, particularly those in the Global South.

He called for practical and coordinated measures to help developing economies move beyond dependence on raw material exports and shift towards higher-value production, industrial development, and technological advancement. He also stressed the importance of building fairer economic partnerships that create mutual benefits for participating countries.

According to a press release, Syafik noted that economic interdependence could play a significant role in promoting international peace, stability, and prosperity when supported by economic diversification, fairness, mutual trust, and respect for national sovereignty.

He emphasized that international trade should extend beyond its traditional role as a driver of economic growth. It should also serve as a means of fostering mutual understanding, strengthening international partnerships, and creating shared prosperity among nations.

The D-8 director further highlighted the importance of regional economic cooperation in supporting sustainable development, improving economic resilience, and expanding opportunities for trade and investment.

He underscored the need for inclusive and mutually beneficial partnerships to help countries address emerging global economic challenges and build stronger, more resilient economies.

The summit also offered participants an opportunity to exchange views on evolving diplomatic and security issues while encouraging greater youth participation in international affairs. Discussions highlighted the role of dialogue, cooperation, and innovative approaches in shaping global economic development.

Director Syafik’s participation reflected the D-8 Organization’s continued engagement in promoting economic cooperation, strengthening South-South partnerships, and advancing inclusive and sustainable development among its member states and beyond.

Through initiatives that encourage dialogue and collaboration, the D-8 aims to support stronger economic relationships among developing nations and promote a more cooperative and prosperous international environment.