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G-77, China condemn coercive sanctions against Iran

Press TV – September 27, 2014

The coalition of developing countries at the United Nations has categorically condemned unilateral sanctions against Iran over its civilian nuclear energy program.

In a resolution issued on the sidelines of the 69th annual session of the UN General Assembly in New York on Friday, foreign ministers of the Group of 77 plus China for the first time explicitly rejected as unacceptable the imposition of unilateral economic sanctions against Iran.

Such sanctions would have adverse consequences on the development of the Iranian nation, the resolution said, calling for the immediate removal of the bans.

The illegal US-engineered sanctions on Iran have been imposed based on the accusation that Tehran is pursuing non-civilian objectives in its nuclear energy program.

Iran rejects the allegation, arguing that as a committed signatory to the Non-Proliferation Treaty (NPT) and a member of the International Atomic Energy Agency (IAEA), it has the right to use nuclear technology for peaceful purposes.

The 133-member Group of 77 plus China strongly rejected any unilateral punitive moves such as sanctions against developing countries and called for the removal of all such measures.

The foreign ministers of the member states noted that such measures would not only undermine the UN charter-based international law, but also would leave a negative impact on the freedom of trade and investment.

They further called on the international community to take an effective collective action to stop unilateral economic sanctions against developing states.

The Group of 77 was founded on June 15, 1964, by the “Joint Declaration of the Seventy-Seven Developing Countries” issued at the conclusion of the United Nations Conference on Trade and Development (UNCTAD) in Geneva.

The Group of 77 holds a one-year and rotating presidency among Africa, Asia and Latin America. Bolivia holds the chairmanship for 2014.

September 27, 2014 - Posted by | Economics | , ,

3 Comments »

  1. Sounds like the world is starting to WAKE UP.

    Like

    fpmiUSA's avatar Comment by fpmiUSA | September 27, 2014 | Reply

    • The third world has a different perspective.

      Like

      aletho's avatar Comment by aletho | September 27, 2014 | Reply

  2. What did USA Israel UK France say about it? Next week Iran will have the Xbomb YaaH!

    Like

    Georgio's avatar Comment by Georgio | September 30, 2014 | Reply


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