BRICS Members Determined to Ditch Dollar in Trade Transactions: Iran Diplomat

Iran says member countries of the BRICS group of emerging economies are resolute in pursuing efforts to ditch the US dollar in trade and economic transactions.

Iranian Deputy Foreign Minister Ali Bagheri Kani made the remarks on Saturday while speaking to reporters on the sidelines of the 15th International Economic Forum "Russia-Islamic World: KazanForum 2024" in Kazan, the Republic of Tatarstan.

He said the BRICS members are seriously determined to reduce dependence on the US dollar but they need to develop the necessary infrastructures in various fields to make that happen.

He added that experts of the BRICS states are holding constant consultations to establish mechanisms for achieving the de-dollarization objective of the group.

BRICS consists of Brazil, Russia, India, China, and South Africa. The group accounts for 42 percent of the global population and about 27 percent of both the world's land area and the world’s economy.

🔗SOURCE ➡️ Press.TV

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