BRICS: Iran’s President Pezeshkian calls for de-dollarization, mentions war with US
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4 Articles
BRICS: Iran’s President Pezeshkian calls for de-dollarization, mentions war with US
Iranian President Masoud Pezeshkian called for greater de-dollarization and stronger financial cooperation among BRICS nations, while referring to the ongoing conflict involving Iran and the US. Speaking at the BRICS Business Forum, he highlighted economic security, alternative payment mechanisms and the need for greater resilience amid geopolitical pressures.
Iranian President Masoud Pezeshkian Calls For Deeper BRICS Integration To Counter Global Economic Pressures
Iranian President Masoud Pezeshkian has called for deeper economic integration among BRICS nations amid geopolitical pressures and sanctions. He urged greater use of local currencies, integrated trade infrastructure, joint investments and stronger energy cooperation. He also proposed expanding the BRICS New Development Bank and creating a $10 billion joint reinsurance company.
During his speech, the Iranian President said that when trade, energy or financial systems come under political or military pressure, its impact extends beyond the country's borders.
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