Iran Endorses BRICS Currency Proposal, Emphasizes National Goals
Iran has expressed support for a unified BRICS currency, contingent on consensus among all member nations, with the decision driven by its national interests.
While discussions on a shared currency have sparked interest, opinions within BRICS remain divided on feasibility. The U.S. has voiced concerns, with President Trump warning of tariffs if BRICS moves away from the dollar. However, Russian officials have downplayed the likelihood of a single currency, emphasizing investment cooperation instead.
While Iran supports the idea, achieving a unified currency faces significant political and economic challenges within the BRICS alliance.
Clever Robot News Desk 6th February 2025
