Araghchi Says Iran Is Working To Join BRICS's Development Bank
Foreign Minister Abbas Araghchi confirmed the outreach at a New Delhi briefing on September 12: "We are working on that today."
- Araghchi made the remark Sept. 12 at a New Delhi briefing on the 18th BRICS Summit.
- The New Development Bank is BRICS's own lender, founded in 2014, separate from bloc membership.
- Iran became a full BRICS member in January 2024 but had not yet joined the bank.
Why it matters: A sanctioned state seeking bank membership wants only one thing: capital the West cannot block.
Iran FM Araghchi remarks at 18th BRICS Summit (via India MEA transcript page) ↗ · Sep 15, 20269/15/26