GENEVA -- Iran’s ambassador to the United Nations in Geneva said on Monday that any assessment of the economic and developmental consequences of the situation around the Strait of Hormuz would be incomplete without addressing the root causes of the crisis.
Ali Bahraini, Iran’s permanent representative to the UN and other international organizations in Geneva, told the high-level segment of the 73rd session of the UNCTAD Trade and Development Board that the current situation is “a direct result of the illegal military aggression by the United States and the Israeli regime against the Islamic Republic of Iran.”
“Therefore, any assessment of the economic and developmental consequences of the crisis must explicitly take this fundamental factor into account,” Bahraini said, according to a statement carried by IRNA.
Bahraini noted that the costs of the unlawful use of force do not remain confined to the target country, and their effects can be transmitted to other countries—particularly developing nations—through markets, supply chains, energy, and trade.
The Iranian envoy also pointed to efforts by Iran and Oman to facilitate the resumption of traffic through the Strait of Hormuz, saying the two countries have undertaken extensive efforts to finalize the necessary arrangements and will continue to do so.
Bahraini emphasized the need to address factors that exacerbate the vulnerability of developing countries to external shocks. 
“Restrictive factors such as unilateral coercive measures and external barriers to developing countries’ access to markets, 
financing, and technology are among the issues that intensify the effects of external shocks,” he said. 
He called on UNCTAD to pay due attention to the impact of external barriers on developing countries and to study the effects of such measures and restrictions.
The Iranian ambassador stressed that, under current circumstances, priority must be given to addressing the root of the crisis, ending the illegal military aggression, and ensuring respect for international law. 
In the long term, he said, efforts must focus on strengthening supply chains, enhancing the capacities of developing countries, and addressing the factors that amplify the impact of external shocks on vulnerable economies.