Iran to Join BRICS Bank

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Iranian Deputy Minister of Economic Development Mohammad Khazaee: Iran plans to join the BRICS Bank.

Iran to Join BRICS Bank

Photo: Sputnik/ Vladimir Fedorenko

Iranian Deputy Minister of Economic Development Mohammad Khazaee said that Tehran aims to join the BRICS Bank. He maed this statement at a meeting of a joint Iran-Brazil economic council on Monday.

The agreement to establish the BRICS New Development Bank (NDB)  was signed by the BRICS member states — Brazil, Russia, India, China and South Africa — in July 2014. The BRICS bank was officially launched at the last BRICS summit in Ufa, Russia this year.

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