A member of the Saudi Royal Family Friday criticized Washington's hostile policy of imposing sanctions against Iran as self-defeating, reported Iran News Agency (IRNA).
"Iran is being treated unfairly by some countries and this is not in the interests of the Arabia Gulf or even the US," Prince Nawaf bin Abdelaziz was quoted as telling the Financial Times on Friday.
"Iran is an important place in the region and we want it to be in a better economic position," he said.
Prince Nawaf, who is a brother of King Fahd, does not hold an official position in the Saudi government, but is said to be close to Crown Prince Abdullah, who runs the day-to-day affairs in the kingdom, said the agency.
He is also reportedly working on establishing the first Saudi-Iranian investment bank.
Referring to the growing strains in Washington's friendly ties with Saudi Arabia, Prince Nawaf said that the "strong relationship with the US will remain but it does not mean we agree to what they want, especially on Arab issues and especially on Jerusalem."
"The (Clinton) administration works for peace in the Middle East but Arab citizens feel the US is biased against them and Arab (governments) have to take what people think into consideration," he said - Albawaba.com
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