New Delhi [India], September 12 (ANI): Iranian Foreign Minister Abbas Araghchi on Saturday said that Tehran is working towards becoming a new member of BRICS' New Development Bank and that some countries have extended support.Araghchi, who is in New Delhi for the 18th BRICS Summit, described Iranian President Masoud Pezeshkian's bilateral meeting with Prime Minister Narendra Modi as a "strong meeting."In
Iran Pursues Membership in BRICS' New Development Bank, Highlights Strong Modi-Pezeshkian Meeting
Iran's Foreign Minister Abbas Araghchi announced that Tehran is pursuing membership in the BRICS' New Development Bank, with support from several countries. He characterized the meeting between Iranian President Masoud Pezeshkian and Indian Prime Minister Narendra Modi as strong, highlighting the cooperation within BRICS.
👥 Key Players
📰 What Happened
Iran's Foreign Minister announced the country's intention to join the BRICS' New Development Bank, supported by several nations. The announcement followed a significant meeting between Iranian President Pezeshkian and Indian Prime Minister Modi.
- Iran is actively seeking membership in the BRICS' New Development Bank.
- The meeting between Pezeshkian and Modi was described as strong, indicating positive bilateral relations.
💡 Why It Matters
📚 Background
BRICS is an association of emerging economies (Brazil, Russia, India, China, and South Africa) that aims to promote economic cooperation. Iran's interest in joining indicates its efforts to seek alternatives to Western-dominated financial systems.
🏷️ Entities Mentioned
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