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Iranian President Mahmoud Ahmadinejad presented a number of proposal to the G15 summit, which was held in Tehran on Monday.

Ahmadinejad called for the establishment of a new global system, saying the world is yearning for this change.

“In light of the enormous economic, political, scientific, cultural, and intellectual capacities of G15 states, the Islamic Republic of Iran recommends a standing committee comprised of representatives of the current members be established with a mandate to prepare theoretical frameworks for changes and to present appropriate and relevant strategies,” Ahmadinejad stated.