Abstract :
It is now (2005) eight years since D-8 came into existence. D-8 was founded among
eight prominent Muslim countries, namely Turkey, Indonesia, Malaysia, Pakistan,
Bangladesh, Iran, Egypt and Nigeria on 15 June 1997. The initial ‘D’ of D-8 refers to the
word ‘developing’; in other words, this was the initiative of certain developing nations
whereby economic issues were the prime motive.1 The trade between Muslim countries in
1997 was less than 4 percent of their overall trade with the rest of the world. This miniscule
rate of trade was no doubt alarming and called for remedies to sort out this anomaly.
