23 Nov 2024
Tuesday 8 August 2023 - 18:27
Story Code : 407379

Iran's membership to come with huge benefits for BRICS: FM

Iran
The top Iranian diplomat said Tuesday that Iran has already been working closely with BRICS founding member states China and India, stressing that Iran's accession can come with huge benefits for the growing economic group.

Addressing a conference in Terhan entitled "Iran and BRICS" on Tuesday which was also attended by the Russian deputy foreign minister Sergei Ryabkov, the Iranain foreign minister first congratulated the anniversary of National Journalist Day in Iran.

"I am very pleased to be present at the final meeting of the Iran-BRICS conference. In June of this year, at the meeting of BRICS friends in Cape Town, which was hosted and chaired by South Africa's Foreign Minister Dr. Pandor, I announced that we would soon hold a conference with the help of my colleagues in Iran, and its purpose would be exploring the potentials and examining and identifying the cooperation between Iran and BRICS in a collective and mutual consultation."

"Today, we have seen that the BRICS economic growth has strengthened the self-confidence among the members and increased the global trust in its effectiveness. The great interest in joining this group on the part of the important countries of the southern hemisphere bears testimony to this. We have seen that the share of BRICS in the global GDP and trade between them has been increasing, and efforts to reduce the cost of bilateral trade, including the desire to use local currencies, are considered an important step in this direction," he added while noting that"Institutionalization of BRICS has been done in a smart way so far."

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