TEHRAN/ROME/BUDAPEST (Reuters/AFP) - Iranian Foreign Minister Manouchehr Mottaki said on Wednesday Tehran was reviewing whether to downgrade ties with Britain, which Iran has accused of interference in its disputed presidential election, the ISNA news agency reported. Asked about the issue of downgrading relations with Britain, Mottaki told reporters, according to ISNA, We are reviewing this issue. In London, a Foreign Office spokeswoman said: Irans decision to try to turn what are internal matters for Iran into a conflict with the UK - and others - is deeply regrettable and without foundation in fact. Iranian Foreign Minister Mottaki said on Wednesday he would not attend a G8 meeting in Italy this week on the situation in Afghanistan, the ISNA news agency reported. I have no plan to travel to Italy, Mottaki told reporters. Western diplomats had seen the June 25-27 event as a rare chance for Group of Eight nations to sit down with regional powers such as Iran to discuss shared goals for Afghanistan and Pakistan. Iran, like other neighbours of Afghanistan and Pakistan, was invited to attend discussions on June 26. But tensions between the West and Tehran have risen since Irans disputed June 12 election, as the Islamic Republic accuses Western powers of supporting street protests against the re-election of hardline President Mahmoud Ahmadinejad. Meanwhile, Rome said it still hopes Iran will help in the stabilisation of Afghanistan despite snubbing an invitation to attend a Group of Eight foreign ministers meeting in Italy. An Italian Foreign Ministry statement said Foreign Minister Franco Frattini, who will host talks beginning late Thursday in the northeastern port city of Trieste, had met the Iranian charge daffaires in Rome on Tuesday. Italy hopes that in the future Iran will be able to engage in a profitable way in the process of regional stabilisation in Afghanistan, the Ministry said. Frattini decided Monday to withdraw the invitation to the G8 after Tehran failed to respond. Richard Holbrooke, the US special envoy for Afghanistan and Pakistan, will attend the talks in Trieste. The Italian Ministry statement said the absence of Mottaki from the meeting had been raised with the Iranian charge daffaires in the light of the delicate internal situation that has been occurring in Iran over the past few days. Hungary summoned Irans ambassador to express concern over Tehrans restrictions on foreign media and urged the Islamic republic to uphold its peoples right to freedom of expression. It is the right of EU countries to express their concern over the situation in Iran regarding democratic standards, Deputy Foreign Minister Gabor Iklody said in a statement. On Monday, the Czech government summoned the Iranian charge daffaires in Prague to reject Irans accusations of Western meddling in its affairs and called on other EU countries to do likewise. France, Sweden and Finland have taken similar action.