The AK Party management feels that the post-Washington consensus type regulatory capitalism based on international capital flows, credit-led growth and service orientation has reached its natural limits
The Russian government started to follow policies that resulted in significant problems and challenges for the Western world and international community in different regions. With the rapid changes in the Middle East following the beginning of the Arab Spring, Russia's foreign policy started to demonstrate signs of a return to its default setting.
The opening remarks of President Recep Tayyip Erdoğan, who took over the term presidency of the organization, during the summit depicted the expectations of the OIC. His remarks were full of new suggestions to turn the OIC into a genuine association.