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: 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.