BRICS: Iran Explains Why It Joined The Alliance
Iran is among the four countries that joined the BRICS alliance in January 2024. The other three nations that joined BRICS are the United Arab Emirates (UAE), Egypt, and Ethiopia. The first country to reject BRICS membership was Argentina as the newly-elected president Javier Milei is skeptical about the bloc. In addition, Saudi Arabia has received the invite and is yet to give its approval to join the BRICS bloc. Also Read: India Begins To Study BRICS Currency Among the happiest to join the BRICS group is the Middle Eastern nation Iran . Its economy succumbed to new lows as the US pressed sanctions against it for its role in sponsoring global terrorism and conflicts. Finances dried up and Iran ’s economy dwindled on the global scale as allies reduced initiating global trade deals. Iran Explains Why It Joined BRICS Source: BBC Iran ’s Finance and Economic Affairs Minister Ehsan Khandouzi said that the country joined BRICS to bring achievements in foreign inves...