Brics Must Expand Trade in National Currencies, Says Iran President Pezeshkian
Pezeshkian said BRICS should widen use of national currencies and strengthen the New Development Bank to curb exposure to sanctions and political shocks.
7 Articles
7 Articles
Iranian President urges BRICS to end Western dominance
Iranian President Masoud Pezeshkian urged BRICS nations to expand trade in national currencies and build an inclusive global economic framework. He criticised "unilateral sanctions" by Western powers, stating they make emerging economies vulnerable and impact global food security. Pezeshkian emphasised BRICS' role in creating a balanced world order and highlighted Iran's geopolitical and energy capacities for cooperation.
Iranian President Masoud Pezashkian stated that over-reliance on limited trading systems makes national economies vulnerable to sudden political developments, and that BRICS should build economic resilience for its members by promoting trade in local currencies.
Iranian President Masoud Pezashkian stated that over-reliance on limited trading systems makes national economies vulnerable to sudden political developments, and that BRICS should build economic resilience for its members by promoting trade in local currencies.
Iranian President Masoud Pezashkian stated that over-reliance on limited trading systems makes national economies vulnerable to sudden political developments, and that BRICS should build economic resilience for its members by promoting trade in local currencies.
Russian President Vladimir Putin and Iranian President Masoud Pezeshkian proposed strengthening BRICS financial mechanisms and expanding payments in local currencies to counter sanctions and trade disruptions. Information on BRICS and the 18th BRICS Summit. Vietnam has many opportunities for deeper connections with BRICS. Vietnam-BRICS: Proactively contributing and expanding cooperation.
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