Malaysia will bring the Developing Eight (D-8) Organisation for Economic Cooperation’s proposed target of increasing intra-member trade to more than US$500 billion by 2030 to the Cabinet for consideration, Deputy Prime Minister Datuk Seri Dr Ahmad Zahid Hamidi said.
Ahmad Zahid said he would first discuss the proposal with Prime Minister Datuk Seri Anwar Ibrahim and Foreign Minister Datuk Seri Mohamad Hasan to identify measures Malaysia could undertake to help achieve the target.
He said the goal was achievable through proactive efforts to strengthen trade among member countries by leveraging their respective market strengths and economic potential.
The matter was discussed during a meeting with D-8 Secretary-General Sohail Mahmood on 6 November, Ahmad Zahid told Malaysian media at a press conference marking the conclusion of his four-day working visit to Türkiye on Sunday (8 November).
In a related development, Ahmad Zahid said he would consult Investment, Trade and Industry Minister Datuk Seri Johari Abdul Ghani on addressing the trade imbalance between Malaysia and Türkiye, which currently favours Malaysia.
He said the Turkish side had requested Malaysia to explore opportunities to increase imports of Turkish goods and products to establish a more balanced trading relationship.
Established in 1997, the D-8 is an economic cooperation platform comprising nine member countries: Azerbaijan, Bangladesh, Egypt, Indonesia, Iran, Malaysia, Nigeria, Pakistan and Türkiye. Azerbaijan joined the organisation in 2025.
The proposed trade target comes as member countries seek to strengthen economic ties and expand commercial opportunities across their markets.
Source: Business Today
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<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
