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BRICS

President Pezeshkian urges shift from unipolar world

Iran’s President Masoud Pezeshkian criticized the imposition of illegal sanctions, warning that they have devastating impacts on international relations and obstruct countries from accessing their own financial resources.

Macro Economy

Iran to become a shareholder of NDB Bank

Governor of the Central Bank of Iran (CBI) has said that the country plans to become a member and shareholder of the New Development Bank (NDB), formerly referred to as the BRICS Development Bank.

Financial Markets

Governors of Iran, Russia central banks discuss monetary cooperation

Governor of the Central Bank of Iran (CBI) Mohammadreza Farzin and his Russian counterpart Elvira Nabiullina have discussed banking and monetary cooperation between the two neighboring countries.

Financial Markets

Iran calls for cooperation among BRICS member chambers of commerce

Deputy Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Mehdi Sadeghi called for cooperation among the chambers of commerce of BRICS member countries to reach economic development.

Iran Chamber

Iran to gain advantage from BRICS bank: Russia

Russian Deputy Foreign Minister Sergey Ryabkov has noted that Iran’s membership in the BRICS New Development Bank will pave the way for the country’s smooth accession to the structure of the bloc.

Financial Markets

Iran joined major international organizations during Raisi’s tenure

Less than three years after the late Ebrahim Raisi took power as Iran’s president, the country has gained great achievements in joining major international organizations.

Iran Economy

Iran eyes buying shares of New Development Bank

Iran’s Deputy Foreign Minister for Economic Diplomacy Mehdi Safari has said that Iran is seeking to buy shares of the New Development Bank (NDB) – formerly known as BRICS Bank – which he said would allow Iran to take loans from the bank for exports of techno-engineering services.

Iran Economy

IMF voices support for BRICS

On the heels of the BRICS six-country expansion, the International Monetary Fund (IMF) has voiced its support for the alliance. Specifically, it has spoken about improvements in global cooperation and what the bloc could mean for that idea.

Financial Markets

Iran considers transition from SWIFT to ’BRICS PAY’

Following its recent membership in the BRICS group of emerging economies, Iran is exploring the possibility of adopting the group’s electronic banking communication system, “BRICS PAY,” as an alternative to the SWIFT system, the speaker of the Parliament said.

Financial Markets

NDB president invited to Tehran to discuss Iran’s membership

An Iranian official has announced that the head of the New Development Bank (NDB) has been invited to visit Iran to discuss the country’s potential membership in the bank.

Iran Economy

Iran Chamber of Commerce, Industries, Mines and Agriculture

Established in 1884, Iran Chamber of Commerce, Industries, Mines and Agriculture (ICCIMA) is a non-profit and non-governmental institution which aims at facilitating economic growth and development in the country. Iran Chamber tries to further coordinate the activities of the private sector. As an economic forum, representatives from both the government and the private sector attend Iran Chamber's sessions. Meanwhile the institution acts as an advisory body to the government, parliament and judiciary.

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