Iran’s Deputy Foreign Minister Ali Bagheri Qani made the remarks to reporters on the sidelines of the fifteenth International Economic Forum “Russia and the Islamic World: Kazan Forum 2024” held in Kazan, Republic of Tatarstan on Saturday. .
He stated that BRICS international locations are critically decided to scale back their dependence on the US greenback, however to attain this they should develop the mandatory infrastructure in numerous areas.
He added that specialists from BRICS international locations are in ongoing consultations to determine a mechanism to attain the group’s de-dollarization objectives.
BRICS consists of Brazil, Russia, India, China, and South Africa. This group accounts for 42 p.c of the world’s inhabitants, and roughly 27 p.c of the world’s land space and international economic system.
Since its creation in 2006, the bloc has change into more and more essential in addressing worldwide points and is usually seen as a counterweight to Western political and financial hegemony.
Elsewhere in his remarks, Bagheri Qani stated that cooperation between Iran and Russia will not be dangerous to any nation and promotes the welfare of each international locations and peace and stability within the area.
The Iranian diplomat pointed to the nice capability of Tehran and Moscow to strengthen cooperation, stressing that each international locations are decided to interrupt the Western monopoly on the worldwide economic system and create a conducive floor for exchanges between unbiased states.
He stated shut political ties between the 2 international locations may deepen bilateral financial cooperation, including, “Iran and Russia will leverage these capabilities in different areas, particularly within the Shanghai Cooperation Organization and BRICS. ” he added.
Political multilateralism promotes stability in financial relations, Bagheri Kani famous.
MP/Press TV