Iranian President Masoud Pezeshkian on Sep. 11 said that BRICS must create an environment that prevents any country from obstructing the legitimate trade of others, saying Iran has entered a ‘far more dangerous’ phase of economic pressure following the war with the US and Israel, said an Anadolu report.Pezeshkian made the remarks during a speech at the 18th BRICS leaders’ summit in New Delhi, the capital of India.
BRICS, a global economic bloc founded in 2006, includes Brazil, Russia, India, China and South Africa, while Egypt, the United Arab Emirates, Ethiopia and Iran later joined. Indonesia’s accession was announced in early 2025.
Pezeshkian said the world is going through one of its ‘most complex periods’, warning that the increasing use of economic tools to exert pressure has endangered the legitimate trade of other countries. “What is BRICS’ response to these problems?” he said.
“When a country’s trade, energy, infrastructure or financial system is subjected to political and military pressure, the effects go beyond that country’s borders and affect regional stability and the global economy,” he said.
He stressed the need to create an environment that prevents any country from obstructing the legitimate trade of others.
He also emphasised the importance of expanding the use of national currencies in trade among BRICS countries.“Iran is ready to work with BRICS members to build a more open and just economy,” he said.