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Vietnam's Chief Justice led a high-level delegation to the expanded BRICS Summit in New Delhi, India, to enhance judicial cooperation and multilateral dialogue. This is the first time a senior Vietnamese judicial official attended the summit, signifying the country's proactive global integration.
Iran's Culture Minister Seyyed Abbas Salehi has arrived in New Delhi for the BRICS tourism summit, aiming to enhance cultural and tourism cooperation among member states. The event focuses on tourism as a key pillar for sustainable growth and mutual understanding.
Iran has proposed creating a cross-border financial corridor within BRICS to boost connectivity among member economies' banking systems and capital markets. The initiative aims to reduce reliance on traditional payment channels and enhance financial stability against global economic shifts.
Iranian President Masoud Pezeshkian called on BRICS to shift from dialogue to concrete action, emphasizing the need to implement policy commitments. He stressed the importance of local currency payment mechanisms to boost trade and reduce risks. The call reflects the expectations of new members like Iran for clearer operational frameworks.
Iran's central bank governor confirmed the country has officially become a member of the BRICS-founded New Development Bank. The move, effective July 16, follows Iran's full BRICS membership in August 2023 and opens access to concessional financing for key projects.
Iranian Foreign Minister Abbas Araghchi and his Ethiopian counterpart Gedion Timothewos met in Geneva to discuss strengthening bilateral ties, with both sides pledging closer coordination within BRICS. They also exchanged views on regional issues and agreed to sustain close consultations.
BRICS is asserting its vital position in ensuring global energy security through new cooperation initiatives and coordination mechanisms. Special envoys of the group are increasingly playing a decisive role amid fluctuations in world energy markets. Recent initiatives focus on interconnected infrastructure, renewable technology transfer, and new financial mechanisms for clean energy.
Iranian President Masoud Pezeshkian stated that Iran’s inclusion in major regional blocs like BRICS and the SCO is a sign of its growing influence and responsibility. He emphasized that these platforms offer opportunities for economic growth and countering sanctions.
A two-day BRICS foreign ministers' meeting in New Delhi ended without a joint statement due to deep divisions over the Iran war. Iran sought condemnation of the US and Israel, while Gulf members criticized Tehran's attacks on the UAE. The group did reach consensus on other issues, including reform of global institutions and the need for a unified Palestinian state.
