D-8 potential 'unfulfilled'

"The organization is not well recognized either in Turkey or worldwide, despite its vast potential," says Mousavi.

ISTANBUL - According to the Secretary General of the Developing Eight (D-8) countries, the power and influence of D-8 will increase once recognition for the organization builds.

D-8 Secretary General, Seyed Ali-Mohammad Mousavi, said the organization is not well recognized either in Turkey or worldwide, despite its vast potential.

The D-8 countries will come together at a Presidential meeting later this year in Istanbul, which Mousavi believes will help boost the D-8's recognition.

Eight leading Muslim countries established the organization in 1997 in Istanbul, aiming to increase economic cooperation among the nations.

Citing the transformation and changes that the eight countries have faced, Mousavi said the organization was planning to launch a new vision to lead the Islamic world into a long-term economic cooperation.

"The economic production and trade volume are four times bigger than 17 years ago," he added.

The D-8, founded by Turkey’s former Prime Minister Necmettin Erbakan, includes Turkey, Indonesia, Malaysia, Pakistan, Iran, Bangladesh, Nigeria and Egypt.

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