BRICS: Iran Could Join Alliance After August Summit

Vinod Dsouza
Iran flag BRICS

Iran hosted a joint conference with BRICS Ambassadors on Wednesday to discuss strategic relations and economic cooperation. Iran’s Foreign Minister Hossein Amir-Abdollahian chaired the interaction and it was headed by South Africa’s BRICS Ambassador Anil Sooklal. The two personnel discussed multilateral partnership prospects and touched upon topics like energy reserves, oil, and gas trade.

Also Read: BRICS: Over 40 Countries Ready To Join the Alliance

The conference ended on a high note, on the heels of the upcoming BRICS summit in Johannesburg. Iran has expressed its interest in joining the BRICS alliance and has formally submitted its application to be a part of the bloc.

Iran to be Inducted into the BRICS Alliance After Summit?

Iran President Ebrahim Raisi BRICS
Source: BBC

Amir-Abdollahian told reporters after the conference that Iran is a “reliable and influential” partner of the BRICS bloc. Tehran aims to become a member of the BRICS alliance and challenge the global dominance of the U.S. The White House’s sanctions against Tehran are what’s making the country join BRICS to revive its economy.

Also Read: South Africa Makes Huge Announcement on BRICS Currency

Ambassador Sooklal revealed that the key meeting with Iran was a “very vibrant and stimulating conference”. Abdollahian said that Iran joining BRICS will boost the alliance’s prospects in various economic sectors. According to Abdollahian, Iran’s entry into BRICS could help the bloc gain access to huge energy reserves, especially oil and gas.

“Iran is a reliable and influential partner in bilateral and multilateral cooperation thanks to its strategic and unique geographical location, huge energy reserves, especially oil and gas, cheap and short transportation and transit network, young and expert manpower, and modern scientific and technological achievements,” said Abdollahian.

Also Read: BRICS Officially Makes Announcement on France Attending the Summit

BRICS is an acronym for Brazil, Russia, India, China, and South Africa. The next summit will be held in Johannesburg on August 22–24. Moreover, the decision to expand BRICS will be jointly taken by the bloc after reviewing the formal applications sent by 22 countries.