According to the first Summit Declaration (Istanbul, 1997), the main objective of D-8 Organization for Economic Cooperation 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 objectives of the D-8 Organization for Economic Cooperation 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 Organization for Economic Cooperation is an organization 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.