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Iran looks to ramp up economic alliance with BRICS nations as war with U.S. drags on

Iran is moving to deepen its economic ties with the BRICS bloc by joining the group’s New Development Bank, a step Tehran is taking as its conflict with the United States and Israel stretches into its sixth month and places mounting strain on the Iranian economy. According to a report from CNBC, Iran’s central bank […]

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Iran has taken a bold financial step amidst the pressure of US economic sanctions, by officially becoming a member of the New Development Bank (NDB) established by the BRICS developing countries.

Iran must soon become a member of the New Development Bank (NDB), the financial institution of the Brics, according to the president of the Iranian Central Bank, Abdolnaser Hemati. The statement took place after a meeting with Dilma Rousseff, president of the NDB, during the meeting of finance ministers and presidents of central banks of the Brics, in Jaipur, India. Iran: road facilitated by Dilma The meeting between Hemati and Dilma was on Wedn…

BI also emphasized the importance of cooperation in addressing cyber risks and climate change to build a resilient, inclusive, and sustainable economic and financial system.

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End Time Headlines broke the news on Thursday, August 13, 2026.
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