Cairo, Egypt (ANTARA) - Coordinating Minister for Economic Affairs, Airlangga Hartarto, informed that Indonesia will share its experiences in empowering micro, small, and medium enterprises (MSMEs) at the D-8 Summit in Cairo, Egypt.

President Prabowo Subianto left for Cairo from Halim Perdanakusuma Air Force Base, Jakarta, on Tuesday to attend the D-8 Summit, which will be held on December 19, 2024.

"Indonesia is experienced in MSME empowerment, including digitalization. We can share it with other D-8 countries," the minister informed on Tuesday.

Hartarto said that the Summit for the Group of Eight Developing Countries (D-8 Summit) consisting of Bangladesh, Indonesia, Iran, Malaysia, Egypt, Nigeria, Pakistan, and Turkey, will discuss the empowerment and digitalization of MSMEs.

He noted that D-8 member countries share the same spirit regarding efforts to empower MSMEs.

In addition, all D-8 member countries are members of the Organisation of Islamic Cooperation (OIC).

Unlike other groups of countries that target large investments, the D-8 group provides investors with the same opportunity in the member country region to support MSME development, Hartarto said.

"Unlike the others where the result is a relatively large investment, the D-8 carries out efforts to level the playing field for investors in the D-8 countries. In addition, it opens up market opportunities in D-8 to be utilized together," he informed.

Hartarto said that the D-8 is on the same page about facing the geopolitical situation in Gaza, Palestine, including supporting Palestinian independence.

"Because our spirit is from a developing country (perspective); we are all supporting Palestine," he added.

Egypt is currently holding the D-8 chairmanship. Indonesia will receive the baton of the D-8 chairmanship for the 2026-2027 period.

The agenda and discussions raised at the next D-8 Summit will be formulated after Indonesia officially accepts the chairmanship.

"We will formulate it after we receive the D-8 chairmanship from Egypt," Hartarto said.

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Translator: Mentari Dwi/Livia Kristianti, Resinta S
Editor: Arie Novarina
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