Iran officially becomes member of BRICS

The Islamic Republic of Iran officially became a member of the BRICS bloc of emerging economies.

24 August 2023
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The Islamic Republic of Iran officially became a member of the BRICS bloc of emerging economies.

Iranian President Ebrahim Raisi (fourth from left) is seen in the 15th BRICS Summit in Johannesburg, South Africa, August 24, 2023.

The Islamic Republic of Iran officially became a member of the BRICS bloc of emerging economies.

Iran and five other countries – namely Saudi Arabia, the UAE, Egypt, Argentina and Ethiopia – joined the BRICS group of Brazil, Russia, India, China, and South Africa as full members in a summit meeting of the bloc in Johannesburg, South Africa, on Thursday.

Addressing the 15th BRICS Summit after Iran’s joining the bloc, Iranian President Ebrahim Raisi said that the benefits of Iran’s membership in the BRICS bloc of emerging economies would become historic.

This membership will mark a new chapter and a stronger step towards justice, fairness, morality, and lasting peace in the international scene, President Raisi said.

Raisi praised the decision of the BRICS members to expand the bloc, calling it an admirable measure that paves the way for global development based on justice.

He also referred to issues such as dominance-seeking, injustice, discrimination, and moral crises across the world, stating that BRICS can contribute to finding solutions to these crises.

Voicing Iran’s readiness for cooperation will all BRICS members, Raisi also said that Iran strongly supports successful efforts of the BRICS bloc to ditch the dollar from economic relations among member countries and make use of their national currencies and any BRICS mechanism for payment and financial development.

He noted that Iran enjoys exceptional potential and is fully prepared for partnership with BRICS in different political, security, economic, financial, and social areas.

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