Nov 29 2008
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President: Iran ready to help in drawing up justice-based economic system
"The Islamic Republic of Iran is prepared to cooperate with all governments and institutions that care for justice and welfare of nations, in draw up a fair economic system," President Ahmadinejad said in an address to the four-day UN Conference on Financing for Development.
President Ahmadinejad said it is necessary to assess the consequences of the ongoing "unprecedented" economic crisis hitting the capitalist block.
He enumerated the main causes of the current crisis as follows:
I. Nature of the capitalist economy
II. Unfair and dictated approaches
III. Development planning;
IV. Global monetary, financial and banking systems
V. Aggressions, conflicts and interventions
President Ahmadinejad proposed having an economic system in which there will be no room for lies, deception, harming others' economy and domination.
He added that there should be an economic system on the basis of ethics, honesty and respect for others, aiming to establish a society based on justice and public welfare and not based on unlimited and excessive profit making.
He said that especially, an independent and new monetary, financial and banking mechanism should be designed and implemented.
A progressive planning system should be based on indigenous and inward looking models and on justice and real contribution of all, he added.
"It is incumbent upon all of us to resist dictation and ambitions of capitalist world and invite them (the capitalist states) to justice, friendship and abandoning discrimination," he added.
© IRNA 2008
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