Bagheri: Iran will work on de-dollarization within the framework of BRICS

According to the report of Fars News Agency International Group, Iran’s Deputy Foreign Minister Ali Bagheri Keni said in an interview with Sputnik news agency that Iran, like other BRICS members, is on the dollarization of commercial, economic and financial transactions inside The group of major emerging economies will work and some efforts are being made in this direction. We have planned a lot of joint work with other BRICS members. One of the most important tasks is to de-dollarize trade and economic exchanges and financial cooperation.

and expand to achieve this goal as soon as possible.” and currently includes Brazil, Russia, India, China and South Africa.

In the 15th BRICS high-level summit held in Johannesburg in August, Iran, Argentina, Egypt, Ethiopia, UAE and Saudi Arabia were invited to join this bloc. It was done. Their full membership, except for Argentina, is scheduled to take effect on January 1, 2024 (tomorrow, Monday).

South Africa’s Deputy President Paul Machatile stated at the August meeting that BRICS members mainly They focus on reducing the block’s dependence on the dollar. According to him, “today, the world is paying attention to BRICS because it is at the forefront of the global discourse to reduce dependence on the dollar.” Russian Foreign Minister Sergei Ryabkov said that the BRICS countries have accelerated the process of transitioning to national currencies.