Jul 23, 2019 20:30 Asia/Tehran [Updated: Jul 27, 2019 10:44 Asia/Tehran]

The Ministerial Conference of the Non-Aligned Movement has been held in the Venezuelan capital, Caracas, under, the motto of, "Promotion and Consolidation of Peace through Respect for International Law".

Iran Press/AmericaDelivering a speech at the meeting on Saturday, Iran's foreign minister Mohammad-Javad Zarif condemned the US policy of unilateralism and economic terrorism, saying the US government has resorted to a form of pressure to be called 'economic terrorism' to achieve its illegitimate goals.

Zarif added that Cuba, Syria, Venezuela and Iran are suffering from the economic terrorism following the US sanction. Washington has renewed sanctions against Tehran after the US unilaterally withdrew from the Venezuela's President Nicolas Maduro.

The Non-Aligned Movement (NAM) is a forum of 120 states supporting the interests and priorities of the developing countries. It was established during the Afro-Asian conference in the Indonesia's Bandung in 1955 with the aim of negotiation on the common concerns and developing common policies in the international relations.

The first summit of the Non-Aligned Movement was held in Belgrade in 1961 with 25 countries in attendance. The NAM summit was organized on the initiative of then Yugoslav President Josip Broz  Tito. At that time, the main concern was that the intensification of the arms race between the Soviet Union and the United States might lead to a war.

Currently, 21countries and 10 international organizations such as: The United Nations, the Organization of the Islamic Conference, the African Union and the Arab League are attending the NAM summits as the observer members.203/216


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 NAM ministerial conference kicks off in Caracas, Venezuela