World is in need of a new order based upon justice and compassion that serves all nations and provides the grounds for their prosperity, dignity and growth

Iran's President Mahmoud Ahmadinejad said on Wednesday that the world is in need of a new order based upon justice and compassion that serves all nations and provides the grounds for their prosperity, dignity and growth.

President Ahmadinejad added at the inaugural speech of Iran International Investment Confab in the capital city of Tehran that the Islamic Republic also seeks a new [global] order in all its political, cultural and economic relations with the other nations.

“It is unacceptable that a few uncivilized people, governments or investors merely seek their own interests and destruct all cultures, thoughts and compassion within the human society, just to pursue their own interests,” Ahmadinejad pointed out.

The Iranian president argued that economic activities should be geared towards serving the humanity and not victimizing the human relationships and the ties among nations.

Elsewhere in his remark, President Ahmadinejad made reference to the significant participation of foreign investors at Iran's investment confab and described it as the world nations' disregard for the West's unilateral sanctions against Tehran.