Turkey is hosting the summit this year under the theme ‘Expanding Opportunities through Cooperation’, taking over the charge from Pakistan.
Erdogan urged the member states to bring together their central banks and establish a clearing house.
"We all have to embrace the D-8 and make efforts to increase its efficiency, productivity and strength,” he added.
“We have the potential of wide-ranging cooperation in many fields; from good agricultural practices to clean energy, transportation to environment and education,” he said.
The Turkish president also suggested the need to include new members in the organization.
“In a world, where everything changes, it is never acceptable that D-8 remains unchanged.”
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