Dilma meets Iran central bank chief during BRICS meeting

Source: Gazeta do Povo | Original Published At: 2026-08-13 00:32:03 UTC

Key Points

• Dilma Rousseff, president of the BRICS New Development Bank, met Iranian Central Bank Governor Abdolnaser Hemmati during a BRICS meeting in Jaipur, India.
• The meeting discussed Iran's process to join the New Development Bank and its future access to the bank's financing lines.
• Both sides agreed to continue technical negotiations on Iran's accession to the NDB.
• Hemmati said Iran is expected to become an NDB member soon, according to Reuters.
• The NDB was created in 2015 by Brazil, Russia, India, China, and South Africa to finance infrastructure and sustainable development projects.
• Iran's interest in joining the NDB comes amid U.S. and Western sanctions and a push for alternative financial channels and reduced dollar dependence.
• Hemmati urged BRICS to convert political discussions into concrete economic and financial cooperation mechanisms.