"The refugee issue is more about geopolitical risks and the humanitarian matters caused by them," Deputy Prime Minister Cevdet Yilmaz said after a two-day conference in Ankara of G20 finance ministers and central bank chiefs.
"It will definitely be dealt with at the leaders' level politically," he said.
Turkey, the G20's president this year, will host the summit in Antalya on November 15-16.
Europe is facing an unprecedent influx of people seeking a haven, many of them from war-torn Syria.
Yilmaz said resolving the problem would eventually have a positive impact on global growth and employment.
"Economy and politics are closely related," he said.
Turkey is hosting some 1.8 million refugees from the Syrian crisis and has repeatedly accused Europe of failing to pull its weight.
The lifeless body of a three-year-old Syrian boy washed ashore in the Turkish southwest holiday resort of Bodrum this week triggered grief around the world.
"I think it is everybody's concern and everybody's business and it cannot be left to just one country because it happens to be nearby," she said.
"It requires a coordinated approach and probably an innovative solution as well.
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