Addressing the world forum, Kharrazi elaborated on the Islamic Republic of Iran's viewpoints in international relations, adding, "The United States needs to recognize the United Nations as the sole legitimate source for decision making on international affairs.

He furthermore urged the White House officials to face the prevailing realities in the world realistically, rather than merely relying on the logic of power and military force."

Kharrazi said, "Adopting unilateral stands would definitely lead nowhere, while multilateral approach and refraining from aggressive moves and stopping profiteering policies at international scenes are the the only ways for securing international peace and security."

He further advised the American politicians to refer to the world nations' public opinion as "the best means for evaluating the US foreign policy."

The Iranian top diplomat referred to poverty and disease as "the problems with which many countries are currently entangled," arguing, Democracy and freedom are not good excuses for occupying sovereign countries."

Kharrazi stressed, "The US President George W. Bush's policies for the Middle East and the Islamic world have definitely faced full defeat."

He said, "The important countries of the world and great powers have greater responsibilities as well, side by side with the huge capabilities they enjoy and the important point is how to successfully couple power with responsibility."

The Iranian foreign minister added, "It is necessary to respect the other nations and civilizations, since achieving collective security and global peace would only be possible under the umbrella of international cooperation."

The World economic Forum is currently held in Davos, Switzerland and Iran's Minster of Foreign Affairs is leading the Iranian political-economic delegation this year.

Business, political and social leaders from every continent except Antarctica converged on this plush ski resort Wednesday for the start of the World Economic Forum, an annual brainstorming session on global problems, including poverty and climate change.