BRICS

Iranian parl. speaker declares full readiness for BRICS cooperation

Mohammad Baqer Qalibaf, Iran's Parliament Speaker announced the comprehensive readiness of both Iran's government and parliament to collaborate with BRICS member states.

Iran’s Central Bank chief proposes FATF-like institution for BRICS

In a forward-looking proposal, Governor of the Central Bank of Iran Mohammad Reza Farzin suggested the establishment of an institution akin to the Financial Action Task Force (FATF) among BRICS nations.

China says BRICS should prevent new ‘Cold War’

The BRICS members states must work together to promote peace and prevent the onset of a new Cold War, Chinese Foreign Minister Wang Yi has stated.

BRICS meeting kicks off with minute’s silence for late Iran president, FM

A two-day meeting of foreign ministers of the BRICS group of countries started in the Russian city of Nizhny Novgorod on Monday.

Turkey FM says Ankara likes to join BRICS

Turkey likes to become a member of BRICS and will monitor the developments in the organization, Turkish Foreign Minister Hakan Fidan has stated.

Iran’s envoy to Russia says President Raisi to attend BRICS summit in Kazan

Iranian President Ebrahim Raisi will take part in the BRICS summit in Kazan, Tehran's Ambassador to Moscow Kazem Jalali told journalists on the sidelines of Russia — Islamic World: KazanForum 2024.

Dozens of states want to join BRICS: Russia

Nearly 30 countries have expressed a desire to become part of the BRICS group, Russian Foreign Minister Sergey Lavrov said at a press conference in Moscow on Thursday.

Pakistan seeking BRICS membership despite India roadblock

Pakistan has formally sought membership in BRICS, the grouping of five emerging economies that includes rival India alongside Brazil, Russia, China and South Africa. It comes at a time the body is fast gaining the status as the leading bloc of the Global South.

BRICS overtaking G7 in economic might: Report

The rapid rise of the BRICS is transforming the global economy, with the group’s share of world GDP in terms of purchasing power parity (PPP) set to rise well beyond of that of the Group of Seven (G7) major advanced economies, Bloomberg has reported.

BRICS trade surges ahead of enlargement: Report

The five current members of the BRICS group increased trade by 56% from 2017 to 2022, reaching some $422 billion worth of turnover last year, Bloomberg has reported.

Iranian, S African FMs meet to discuss BRICS, Palestine

In a meeting in Tehran on Sunday noon, Iran's Minister of Foreign Affairs, Hossein Amirabdollahian, and the Foreign Minister of South Africa convened to discuss not only bilateral relations but also their partnership within the BRICS group as well as the ongoing Israeli war on Gaza.

Iranian speaker: BRICS’ equivalent of SWIFT can replace US-owned money transfer system 

Iran’s Parliament Speaker Mohammad Bagher Ghalibaf says BRICS has its own money transfer system which can replace US-owned SWIFT.  

Kremlin says Putin, Raisi discuss steps to ensure Iran joining full-fledged BRICS activities, Nagorno-Karabakh

The Kremlin announced on Tuesday that the Russian and Iranian presidents held a telephone conversation on Tuesday at the initiative of the Iranian side. Vladimir Putin and Ebrahim Raisi have discussed the steps to ensure Tehran's joining full-fledged BRICS activities as well as the situation around Nagorno-Karabakh and the normalization of Armenia-Azerbaijan relations.

BRICS expansion crucial with more than 80% of world’s oil reserves to be included: Venezuela

The expansion of BRICS is very important especially for energy sector, as after the inclusion of new members the bloc will account for over 80% of global oil reserves and production, Venezuelan Foreign Minister Yvan Gil told Sputnik on the sidelines of the United Nations General Assembly High-Level Week in New York.

Analyst: BRICS, SCO memberships to have not much impact on Iran economy without bans lifted

An international relations expert has weighed in on negotiations over the 2015 Iran nuclear deal, JCPOA, as well as the possibility of reaching agreement with the US within the same framework that Iranian President has alluded to in his statements.

Expert: Iran’s BRICS membership significant, end of FATF tensions a must

An Iranian foreign policy expert has praised Iran’s membership in the BRICS grouping, but has warned so long as Tehran is on the FATF list, it cannot use the membership benefits.

“Accession to BRICS  shows Iran cannot be isolated” 

Iran’s ambassador to Moscow says the plot to isolate Iran in the international arena failed as a result of the country’s membership in BRICS.

Benefits of Iran’s accession to BRICS to be historic: President Raisi

Iranian President Ebrahim Raisi has stated that the benefits of Tehran’s membership in the BRICS bloc of emerging economies would be historic.

Putin says western states trying to scupper BRICS

The BRICS group is not trying to compete with or oppose any other nation or group, but nevertheless faces resistance from countries of the so-called “golden billion” that wish to preserve their global dominance, Russian President Vladimir Putin has stated.

BRICS invites Iran, Saudi Arabia, four other states, to be new members

Leaders of the BRICS group of developing nations have invited six states - Argentina, Egypt, Iran, Ethiopia, Saudi Arabia and the United Arab Emirates - to become new members of the bloc, South African President Cyril Ramaphosa whose country is hosting a summit meeting of the BRICS grouping has confirmed.

Iranian ex-diplomat: West, G7 set to undermine BRICS

A former Iranian diplomat says the group of industrial countries of the world known as the Group of Seven (G7) will seek to undercut BRICS, a bloc comprising the world’s emerging economies.

Brazilian reporter says 5 countries, including Iran, to become new BRICS members

Argentina, Egypt, Iran, the United Arab Emirates and Saudi Arabia will become new members of BRICS, a correspondent with Brazil’s UOL news portal reported on Thursday citing a draft final statement of the group’s summit. Brazil is a BRICS member state.

BRICS offers a path to “true multilateralism”: China president

Chinese President Xi Jinping has condemned the “Cold War mentality” still “haunting our world”, while laying out his geopolitical vision to the BRICS summit in South Africa. He stressed in an uncertain and unpredictable world, BRICS offers a path to “true multilateralism".

Iran president arrives in South Africa to attend 15th BRICS summit

The Iranian president has arrived in the South African capital, Pretoria, to attend the 15th summit of BRICS, a grouping of the world economies of Brazil, Russia, India, China and South Africa.

President Raisi to depart for Johannesburg on Wednesday for BRICS talks

Iranian President, Seyyed Ebrahim Raisi, is scheduled to fly to Johannesburg, South Africa, on Wednesday to attend the 15th BRICS summit.

Latest news