Iranian President Mahmoud Ahmadinejad - Least Developed Countrie's(LDC's) should receive reparations for colonialism and slavery, Iran says http://www.mehrnews.com/en/newsdetail.aspx?NewsID=1308201

The conference opened in Istanbul on Monday and runs until Friday.United Nations Secretary General Ban Ki-moon along with around 50 heads of state and government, 10 vice presidents, 94 ministers, and the chairmen of 47 international organizations are attending the conference.In his address to the conference on Monday, Ahmadinejad said the fact that certain countries in the world have remained underdeveloped and are suffering from poverty is due to the unjust system prevailing in the world. 

He also proposed the following six-point plan to help reform the unjust world system: (1) The one-sided political and economic relations that a few governments have with other governments and nations should be altered so they incline toward justice, and every kind of political and military interference of the hegemonistic powers should be prohibited.(2) An organization, with full authority, made up of members from countries that are independent of the capitalist system should be formed to develop a mechanism to closely supervise the central banks and treasuries of the expansionist countries. 

(3) A detailed list of the wealth and natural and human resources of the least developed countries should be prepared through the cooperation of the UN, independent governments and nations, and the least developed countries themselves. And the list should be presented to those who manage these resources.(4) An independent committee should estimate the damage inflicted during the era of colonialism and slavery, and those who inflicted the damage should pay these countries. 

(5) Ten percent of the military budgets of forty countries in the world, which is over $1.2 trillion, more than half being the U.S. government’s share, should be allocated to the least developed countries. (6) All countries and nations should note that standing firm on justice, serving the people, relying on internal cultural and human resources, using indigenized methods for development, and using successful experiences of independent nations is the best and only way to make progress.