Amid western efforts to impose fresh sanctions on Iran, leaders of the group of 15 developing economies from Asia, Africa and Latin America will meet here for a two-day summit on Monday, with Iran likely to use the opportunity to drum up international support.
The summit will see leaders of 17 developing countries including India, Brazil, Egypt, Indonesia and Iran, review international developments and chart out a course for economic cooperation in an attempt to revive the grouping.
As the western countries step up efforts to isolate Iran over its controversial nuclear programme, the country will also use the high-profile summit to drum up support on the international stage.
External Affairs Minister S M Krishna is scheduled to attend the summit on May 17, and is also likely to discuss the tri-nation IPI pipeline project with his Iranian counterpart.
Representatives of the 17 nations got together today to lay the groundwork for the G-15 meet beginning on Monday, with economic cooperation between members one of the priority agendas.
The group of developing countries from Asia, Africa, and Latin America was established to foster economic cooperation and provide input for other international groups.
Algeria, Chile, Jamaica, Kenya, Nigeria, Malaysia, Mexico, Peru, Senegal, Sri Lanka, Venezuela, and Zimbabwe are the other members of the grouping.
The presidents of Algeria, Brazil, Senegal, Zimbabwe, Venezuela, and Sri Lanka will be attending the summit.
In addition, the Syrian president, the Qatari emir, and the Turkish prime minister will be special guests, Iran's Mehr news agency said today.
Iran believes that given the competitive advantage developing countries have over developed countries, there are good prospects for the efforts to increase the G-15's share in commodity, service, and capital markets, it said.
Brazil is currently among the non-permanent members of the United Nations Security Council, and pressure is building up on it to fall in line with the US and other western nations on the issue of sanctions on Iran.
An influential cleric in Tehran, Hojjatoleslam Kazem Sediqi, said on Friday that the G-15 summit shows Iran's strong position in international diplomacy.
He also expressed hope that the summit in Tehran would help resolve problems in developing states.
Another powerful cleric said the fact that a number of high-ranking officials were attending the summit "shows the correctness of the Islamic Republic's stances".