Copy in clipboard...
Economy minister calls for boosting Iran’s role in BRICS
The recent BRICS summit in Kazan was accompanied by important sideline meetings for Iran that included discussions on economic relations with the presidents of Russia, China, South Africa and the prime minister of India, IRNA reported on Friday.
The sideline meetings resulted in green lights of assistance from the heads of state regarding offering solutions to economic problems and relations, which were favorable for the Iranian government, the minister stated.
Hemmati went on to say that Russian President Vladimir Putin assured to address the issue of the trade imbalance between his country and Iran, as President Xi Jinping vowed to follow up on joint projects that Iran has proposed to work with China.
On BBRICS Plus meeting, more than 30 presidents and leaders of nations are against the hegemony of the World Bank, the International Monetary Fund, and the dominance of the US dollar, he said, noting that BRICS includes two of the world’s five largest economies, China and India, as well as two emerging economic powers, South Africa and Brazil, along with other powerful nations such as Russia.
According to Hemmati, BRICS will become an important economic and political center of power in the world.
Hemmati noted that Iran faces the pressure of sanctions, as well as FATF regulations that prevent its banks from connecting with other banks. While the country is working on these issues, Hemmati believes that Iran should simultaneously bolster its role in BRICS.
It is necessary to provide the necessary framework so that the country can make the most of the recent global summit, while also resolving its problems, Hemmati concluded.