http://www.nasdaq.com/aspxcontent/NewsStory.aspx?cpath=20070127\ACQRTT200701270057RTTRADERUSEQUITY_0006.htm&selected=9999&selecteddisplaysymbol=9999&StoryTargetFrame=_top&mkt=WORLD&chk=unchecked&lang=&link=&headlinereturnpage=http://www.international.nasd

Iran, Saudi Hold Talks On Lebanon, Iraq

(RTTNews) - Iran and Saudi Arabia have begun serious consultations to 
reach an amicable solution to Lebanon's crippling political crisis and 
to end the sectarian violence in Iraq.

Prince Bandar bin Sultan, the head of Saudi Arabia's National Security 
Council, visited Tehran on Thursday for talks with his Iranian 
counterpart Ali Larijani and handed over a letter from the Saudi 
monarch, Abdullah bin Abdulaziz.

Later at a press conference in Tehran with Larijani, Prince Bandar said: 
"In talks we held today, we discussed the issues of the region, among 
them Iraq and Lebanon" adding that Foreign Ministers of the two 
countries would now pursue the "issues and agreements that were reached.''

Iran's Fars news agency quoting Lebanese sources said the two officials 
were working on an agreement that would end the Lebanese crisis. Their 
talks, which followed the killing of three persons on Thursday in Beirut 
during sectarian clashes, "emphasized the necessity of finding a 
solution agreed by all Lebanese groups." The two officials are reported 
to have discussed two main issues, namely the formation of a national 
unity government, where the Shia militant group, Hezbollah would have a 
greater say and striving for an understanding on UN-backed court that 
would try suspects in the assassination of the former Lebanese Prime 
Minister, Rafik Hariri.

Tehran's envoy in Beirut also said that Tehran was mediating in a bid to 
bring Saudi Arabia and Syria closer over the crisis facing the Middle East.

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