BRICS

Iran officially becomes member of BRICS

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

Iran Economy

Private sector urges Iran to prioritize joining NDB over bid for BRICS membership

President of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) Hossein Selahvarzi has urged Iran to prioritize joining the New Development Bank (NDB) over its bid for membership in BRICS group of developing countries.

Iran Chamber

Iran, South Africa sign cooperation agreement ahead of BRICS summit

The South African and Iranian foreign ministers have signed a cooperation deal ahead of the BRICS summit in Johannesburg, which Iranian President Ibrahim Raisi will attend.

Iran Economy

Iran enjoys best potentials for cooperation with BRICS: Iran Chamber of Commerce

Niloofar Assadi, the caretaker of the international affairs of Iran Chamber of Commerce, Industries, Mines, and Agriculture (ICCIMA) says Iran enjoys the best potential for cooperation with BRICS member countries.

Iran Chamber

Iran, BRICS already engaged in practical partnership: FM

Iranian Foreign Minister Hossein Amirabdollahian has said that the practical partnership between Iran and the BRICS group has already begun in transportation cooperation, including the International North-South Transit Corridor (INSTC).

Transportation

Iranian diplomat calls BRICS currency ’amazing’ development

The potential launch of a gold-backed BRICS currency, which could be supported by 41 large and influential economies, would weaken the dollar-euro domination in the global economy and would benefit countries such as Iran, an Iranian diplomat has said.

Financial Markets

’South Africa invites Iran FM to BRICS Summit 2023’

South Africa has invited the Iranian Foreign Minister Hossein Amirabdollahian to attend an upcoming BRICS Summit in the country, according to Iran’s deputy foreign minister for economic diplomacy.

Iran Economy

BRICS account for a third of Iran’s foreign trade turnover

BRICS’ five member states, namely Brazil, Russia, India, China and South Africa, accounted for a third of Iran’s total foreign trade in the fiscal 2021-22, data released by the Islamic Republic of Iran Customs Administration show.

Trade

Iran applies to join BRICS group of emerging countries

Iran has applied for joining the group of five major emerging economies – Brazil, Russia, India, China, and South Africa, a spokesman said.

Trade