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Iran, Russia condemn Western economic sanctions and urge BRICS bloc to deepen economic ties

Summary by CNBC
Iranian President Masoud Pezeshkian and Russian President Vladimir Putin criticized Western sanctions and asked the BRICS bloc to deepen trade ties.

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The Presidents of Iran and Russia criticized Western economic sanctions on Friday and called on the BRICS to step up trade and investment and to make more use of national currencies, in the context of the Iran-Ukraine wars and growing tensions with the West, according to CNBC.

·Bucharest, Romania
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Iranian President Masoud Pezheskian and Russian President Vladimir Putin on Friday criticized Western sanctions imposed on their economies and called on countries of the Global South to strengthen their trade relations, speaking at the BRICS Business Forum. “The BRICS must create an environment in which no country can disrupt the legitimate trade of another country by monopolizing a financial instrument or technology,” Pezheskian said in New Del…

Pezeshkian suggested a broader role for the New Development Bank by urging it to become the main driver of financing infrastructure and energy within the bloc

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TV9 Hindi broke the news on Friday, September 11, 2026.
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