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Iran makes veiled attack on US over global crisis

Last Updated 15 November 2011, 18:19 IST

Addressing the 11th Council of Ministers Meeting of the 18-member regional grouping here, Iran Deputy Foreign Minister Mohammad Mehdi Akhondzadeh noted that, “The economic crisis caused by unjust global financial and economic  mismanagement by a certain power has created a situation that no single country could escape its negative impact on its overall development programmes.”

Akhondzadeh said certain countries wanted to make “instrumental exploitation” of international economy and political bodies in favour of their own interest.

Policy implementation
No significant change would be expected to occur in the global economic status unless every country played its role in reforming the present economic situation as well as the international financial and monetary structures with respect to the decision-making process, supervision and accountability and proper implementation of policies and decisions within these international financial organisations.

Akhondzadeh said Iran wants economical and financial stability in the region to diminish the negative effects of financial crisis.

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(Published 15 November 2011, 18:19 IST)

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