Al-Monitor
Al-Monitor
MiddleEast · 18 mins ago

Iran to join BRICS development bank soon, central bank governor says

DUBAI, Aug 13 (Reuters) - Iran will soon join the New Development Bank, the development lender established by the BRICS group of nations, central bank governor Abdolnaser Hemmati said in a state media report published on Wednesday ahead of a BRICS finance meeting in India. Iran remains under sweeping U.S. and international sanctions, and it has yet to reach a peace deal to end the current conflict with the U.S. and Israel, giving Tehran added incentive to seek alternative financial channels…
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