Iran Says It Will Soon Join BRICS-Backed New Development Bank
Iran is set to become a member of the New Development Bank, the financial institution created by the BRICS group, according to the head of the country's central bank. The announcement was made ahead of a meeting of BRICS finance ministers in India, where Iran is taking part in the bloc's first gathering of finance ministers and central bank governors. The development adds a new financial dimension to Iran's growing engagement with BRICS at a time of continued sanctions pressure.The central bank chief, Abdolnaser Hemmati, said in remarks carried by state media that Iran would "soon become a member" of... [Continue Reading]
360LiveNews | 12 Aug 2026 14:30 LONDON
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