Masoud Pezeshkian, the President of Iran, emphasized the necessity of reducing dependence on the US dollar ahead of the BRICS summit. He highlighted the goals of this summit and stressed the importance of creating a financial system independent of the dollar and strengthening economic cooperation among the member countries of this bloc.
Efforts to Reduce Dollar Dominance
Pezeshkian said: "We are seeking to create a financial system that can help BRICS member countries free themselves from dollar dominance." These remarks come as many countries are looking for ways to bypass the dollar as the global currency. The newly established BRICS bank is designed to reduce dependence on the dollar and enhance financial cooperation among member countries.
The President of Iran also emphasized the importance of economic cooperation with other non-Western countries as part of this effort. He further added: "We must seek to establish a strong economic network with other countries to effectively withstand the economic pressures from the United States."
The Economic Future of Iran and BRICS
As a key member of BRICS, Iran can play a pivotal role in shaping the economic future of this bloc. Pezeshkian pointed out Iran's economic potentials, emphasizing that his country can act as a bridge between Asia and other parts of the world. He is also seeking to attract the attention of other countries to join this economic alliance.
In conclusion, Pezeshkian stressed that by utilizing existing capacities and joint cooperation, Iran and BRICS countries can effectively move towards a sustainable and independent economic future. These efforts seem likely to gradually influence global economic equations over time.
