IRAN READY FOR JUSTICE-BASED ECONOMIC SYSTEM

President Mahmoud Ahmadinejad said in an address to the four-day UN Conference on Financing for Development that the Islamic Republic of Iran was prepared to cooperate with all governments that care for justice and welfare of nations,

Written by

Published on

President Mahmoud Ahmadinejad said in an address to the four-day UN Conference on Financing for Development that the Islamic Republic of Iran was prepared to cooperate with all governments that care for justice and welfare of nations, to devise a justice-based economic system. President Ahmadinejad said it was necessary to assess the consequences of the ongoing “unprecedented” economic crisis hitting the capitalist bloc. He urged for identification of root causes and factors (behind the crisis) so that the problem can be tackled properly. The main causes of the current crisis, according to Ahmadinejad, are: Nature of the capitalist economy: Unfair and dictated approaches; Development planning; Global monetary, financial and banking systems; and Aggressions, conflicts and interventions. He proposed an economic system in which there will be no room for lies, deception, harming others’ economy and domination. He said all governments and thinkers should think of an economic system that is based on justice, rights of human beings and nations and friendship and serving masses.