According to the first Summit Declaration (Istanbul, 1997), the main objective of D-8 is declared to be socio-economic development in accordance with following principles:
-Peace instead of conflict.
-Dialogue instead of confrontation.
-Cooperation instead of exploitation.
-Justice instead of double-standard.
-Equality instead of discrimination.
-Democracy instead of oppression.
Thus D-8 objectives are to improve developing countries’ positions in the world economy, diversify and create new opportunities in trade relations, enhance participation in decision-making at the international level, and provide better standard of living.
By the same token, D-8 is a forum with no adverse impact on bilateral and multi-lateral commitments of the member countries, emanating from their membership to other regional or international organizations.
The following three phrases are quotations from the D-8 fifth Summit Declaration (Bali, 2006) which illustrates some application of the principle objectives:
-We commit ourselves to work together to solve the problem of economic disparities within our countries.
-We reaffirm our commitment to enhance cooperation in the field of energy to develop alternative and renewable energy resources.
-We emphasize the importance of D-8 in contributing to the economic development of its member countries and ensure that it promotes global trade.