An MoU to facilitate cooperation in terms of project development in areas of common interest in the States of Common Membership has been signed on the occasion of the 9th D-8 Summit in Istanbul, Turkey on 20 October 2017. Dr. Seyed AliMohammad Mousavi, D-8 Secretary-General and Dr. Mansur Muhtar, Vice President of Sector Operations of the IDB signed the MoU on behalf of their respective organizations. 

The MoU envisages, inter alia, cooperation in areas of implementation of Joint Projects,  provision of technical assistance for projects identified by both Parties, with particular focus on transportation, trade, investment and Islamic finance, energy, industry & SME, agriculture & food security, tourism, science and education, and  establishment of data banks, allocation of scholarships from IDB Scholarship Program, exchange of knowledge and information and visits by the personnel of both Parties to discuss matters of common interest and exchange of documents and publications on economic and commercial issues.