Iran can strengthen development and financial cooperation in BRICS, expert says
Countries
Cooperation areas
Source: Brasil 247 | Original Published At: 2026-09-10 21:03:27 UTC
Key Points
- Iran's role in BRICS has developed since the country officially joined the group in January 2024.
- The New Development Bank is identified as a key area for potential cooperation with Iran.
- Iran's accession to the New Development Bank could expand the bank's capital assets and provide Iran with greater access to development resources.
- Iran's energy resources and strategic geographic position are presented as central elements of its contribution to BRICS.
- BRICS institutions have evolved over the past two decades, with the 2026 BRICS summit marking the group's 20th anniversary.
- The expansion of BRICS and the integration of new members, including Iran, are described as reinforcing the bloc's global relevance.