- Title: KAZAKHSTAN: Iran blames U.S. 'hegemony' for financial crisis
- Date: 17th October 2008
- Summary: (BN12) ASTANA, KAZAKHSTAN (OCTOBER 16, 2008) (REUTERS) EXTERIOR GOVERNMENT BUILDING FLAGS OF COUNTRIES TAKING PART IN ASIA COOPERATION DIALOGUE (ACD) MEETING VARIOUS DELEGATES IN LOBBY RUSSIAN FOREIGN MINISTER SERGEI LAVROV ENTERS/ GREETS CAMERAMEN FAMILY PHOTO-OP WIDE OF ASIA COOPERATION DIALOGUE (ACD) MEETING LOGO ON WALL WIDE OF ACD MEETING LAVROV SEATED AT MEETING NAME PLATE READING 'IRAN' IRANIAN FOREIGN MINISTER MANOUCHEHR MOTTAKI SEATED AT MEETING WIDE OF MEETING MOTTAKI AT MEETING FLAGS/ PAN OF MEETING
- Reuters ID: LVA9B5LKALFA7V4FG7SVI1V7RPVB
- Location: Kazakhstan
- Country: Kazakhstan
- Duration: 00:01:46
- Topics: International Relations,Finance
- Story Text: Asian foreign ministers gathered in the Kazakh capital Astana on Thursday (October 16) for the 7th Asia Cooperation Dialogue (ACD) ministerial meeting.
Speaking on the sidelines of the conference, Iranian Foreign Minister Manouchehr Mottaki blamed the United States for triggering global financial meltdown and said it was time to set up a "fair international financial system" to curb the impact of the U.S. economy on world finances.
Iran is at loggerheads with the United States and other Western nations over its nuclear programme which Tehran says is for peaceful purposes but which the West fears is aimed at developing nuclear weapons.
OPEC-member Iran says it would survive the global crisis better than others because its economy had grown more independent since the 1979 Islamic revolution.
But economists disagree, saying Iran cannot stay immune from a possible world economic downturn because of its reliance on oil revenues to fund its budget.
Foreign ministers and political delegations from 27 mainly Asian countries will take part in the two-day meeting.
Participants will discuss ways to expand economic cooperation in energy, food security, transportation and banking fields and scientific and technical ties.
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