EghtesadOnline: Iran's Hormuz initiative seeks to promote intra-regional dialogue as the only realistic solution to the cycle of crises in West Asia, the Iranian top diplomat said.

EghtesadOnline: Iran has proposed setting up meetings with Middle East countries at various levels to reach a consensus over the parameters of its peace initiative for the region, dubbed the “Coalition of Hope”, before launching it collectively, a top Iranian diplomat said.

EghtesadOnline: The Iranian government hopes President Hassan Rouhani's upcoming visit to Japan to discuss Tokyo's peace initiative for the Middle East will help defuse tensions in the volatile region, the Iranian Foreign Ministry’s spokesman said.

EghtesadOnline: Deputy Foreign Minister Abbas Araqchi traveled to Kuwait on Thursday to elaborate on the Hormuz peace initiative introduced by President Hassan Rouhani during the United Nations General Assembly in September as a solution to regional problems.

EghtesadOnline: More targeted efforts should be made to promote Iran's regional peace plan, as it can help Middle East prosper in all areas, says a political analyst, who sees great potential in the newly proposed initiative.

EghtesadOnline: Iran is prepared to conduct more detailed negotiations on its proposed peace initiative for the Persian Gulf to develop the plan unveiled by President Hassan Rouhani during his address to the United Nations General Assembly last week, the government's spokesman said.