Iran�s Foreign Ministry says Saudi Arabia has begun to realize that its aggressive foreign policy has been a failure and appears to be revising some aspects of it accordingly, adding that�the Islamic Republic would welcome�any genuine�change of approach by Riyadh.

�It looks like the Saudi officials have begun reforming some of their policies concerning interaction with some of the Persian Gulf�s littoral countries, having understood that war and bloodshed does not help them out any more, and also having despaired of their former allies,� Spokesman Saeed Khatibzadeh said in remarks to ISNA that the news agency published on Sunday.

Khatibzadeh said if Riyadh has seriously put reforms on its agenda and come to the conclusion that �regional cooperation� was the best way out of the region�s problems, the Islamic Republic would then be the first country to welcome the change.
�We have always emphasized that the regional countries should arrive at a common understanding regarding the regional problems,� he said, adding that such understanding would help establish a��security mechanism� that could be used to govern the region, Khatibzadeh noted.