1. All Stories
  2. Politics
  3. Economy
  4. World
  5. Nuclear
  6. Society/Culture
  7. Space/Science
  8. Sports
  9. Tourism
  10. Other Media
  11. Videos
  12. Photos
  13. Cartoons
  14. Interview
    • فارسی
    • عربی
    • Türkçe
    • עברית
    • Pусский
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook
  • All Stories
  • Politics
  • Economy
  • World
  • Nuclear
  • Society/Culture
  • Space/Science
  • Sports
  • Tourism
  • Other Media
  • Videos
  • Photos
  • Cartoons
  • Interview

Iran to Work on Ditching US Dollar in Trade Transactions within BRICS

  • December, 31, 2023 - 16:43
  • Economy news
Iran to Work on Ditching US Dollar in Trade Transactions within BRICS

TEHRAN (Tasnim) – Like other BRICS members, Iran will work on the de-dollarization of trade, economic and financial transactions within the BRICS group of emerging economies, and some efforts are already underway in this direction, Iran's deputy foreign minister said.

Economy

"We have planned many missions and joint work with other BRICS members within the framework of this organization. One of the most important tasks is the de-dollarization of trade and economic transactions and financial cooperation. Activities in this field of work of BRICS have already started, we hope to strengthen and expand these activities in order to achieve this goal as soon as possible," Ali Baqeri stated, Sputnik news agency reported. 

BRICS, established in 2009, is a group uniting the world's largest developing economies, which currently includes Brazil, Russia, India, China and South Africa, the report added. 

In August, the 15th top-level BRICS Summit in Johannesburg extended invitations to Argentina, Egypt, Ethiopia, Iran, the United Arab Emirates (UAE) and Saudi Arabia to join the bloc. Their full membership, except for Argentina, is scheduled to take effect on January 1, 2024.

 
R1651/P
Read more
Russia, China Accelerate De-Dollarization Process: Deputy PM
De-Dollarization Neither 'Quick' Nor 'Easy,' But May Succeed 'in Future': Expert
BRICS Nations to Focus on De-Dollarization in Johannesburg Summit: Report
tasnim
tasnim
tasnim
  • About
  • Contact Us
  • Most Visited
  • Archive
Follow Us:
  • RSS
  • Telegram
  • Instagram
  • Twitter
  • Facebook

All Content by Tasnim News Agency is licensed under a Creative Commons Attribution 4.0 International License.