Iran Pitches for Expanding Use of National Currencies in Trade Among BRICS Countries
7 Articles
7 Articles
Iran pitches for expanding use of national currencies in trade among BRICS countries
New Delhi, Sep 11 (PTI) Iranian President Masoud Pezeshkian on Friday called for a stronger shift toward local currencies in BRICS trade, while pitching Iran’s geography, energy resources and transport links as a strategic bridge for the bloc’s economic connectivity. Speaking at the BRICS Business Forum, Pezeshkian said BRICS must move beyond its economic potential […]
BRICS Must Expand National Currency Use and Build Resilient Trade Ties
A representative of the Islamic Republic of Iran addressed a BRICS forum, calling for deeper economic integration, resilience against sanctions, and the diversification of payment channels and trade partners. The address underscored that economic security remains linked to regional and national stability, warning against the monopolisation of financial instruments. Key proposals included expanding settlements in national currencies, transitionin…
The President stated that expanding the use of national currencies in trade among BRICS members is one of the most important steps, adding: "This step must be accompanied by the creation of the necessary tools for currency risk management and mutual settlement, because the current financial system is vulnerable to political shocks due to its focus on a few limited currencies."
Iran Backs BRICS Local Currency Trade
Iranian President Masoud Pezeshkian has called on BRICS members to expand the use of national currencies in trade, arguing that the bloc needs stronger… The post Iran Backs BRICS Local Currency Trade appeared first on Latest Breaking News - News Central TV.
Iran pitches for expanding use of national currencies in trade among BRICS countries - OrissaPOST
New Delhi: Iranian President Masoud Pezeshkian Friday called for a stronger shift toward local currencies in BRICS trade, while pitching Iran’s geography, energy resources and transport links as a strategic bridge for the bloc’s economic connectivity. Speaking at the BRICS Business Forum, Pezeshkian said BRICS must move beyond its economic potential and build a more […]
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