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Iran Seeks BRICS Membership to Counter Western Hegemony, Promote Multipolar World, Says President Raisi – Economics Bitcoin News

May 5, 2023
in Crypto Updates
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Iran Seeks BRICS Membership to Challenge Western Hegemony, Promote Multipolar World, Says President Raisi

Iranian President Ebrahim Raisi has condemned the present unipolar world order, emphasizing that Iran plans to affix the BRICS group to assist create a multipolar world. “Iran needs to have constructive relations with all states on the premise of frequent pursuits,” he confused.

Iran Condemns Unipolar World Order

Iranian President Ebrahim Raisi mentioned on Tuesday that Iran plans to affix the BRICS group to take part within the creation of a multipolar world, Russian information outlet Tass reported, citing his interview with Lebanese tv channel Al Mayadeen.

He defined that after becoming a member of the Shanghai Cooperation Group (SCO), Iran is “getting ready to affix” the BRICS group. The Iranian president was quoted as saying:

We condemn the unipolar world order which makes it doable for the USA and a few three to 4 different international locations to really feel the rulers of the world.

Russian President Vladimir Putin mentioned this week that the multipolarity pattern will intensify and people who don’t comply with this pattern “will lose.”

The SCO was established in 2001 as a political, financial, and protection alliance; it’s the world’s largest regional group. Iran not too long ago turned the ninth full member of the SCO, becoming a member of China, India, Kazakhstan, Kyrgyzstan, Russia, Pakistan, Tajikistan, and Uzbekistan. The group additionally has observer states (Afghanistan, Belarus, and Mongolia) in addition to dialogue companions (Armenia, Azerbaijan, Cambodia, Nepal, Sri Lanka, Turkey, Qatar, and Saudi Arabia).

Noting that the U.S. “sought to isolate Iran and hinder its participation within the SCO, however failed,” President Raisi confused that the SCO membership has introduced many advantages to Iran, together with elevated commerce and entry to new markets. Not too long ago, the group revealed its plan to maneuver away from the U.S. greenback and settle trades within the nationwide currencies of its member international locations.

As for the BRICS, Iranian Overseas Ministry Spokesman Saeed Khatibzadeh mentioned in June final 12 months that Iran had utilized to affix the financial bloc, which contains Brazil, Russia, India, China, and South Africa. The group is pushing to develop world affect, and 19 international locations have both filed an software to affix the BRICS or have expressed curiosity to affix.

The Iranian president said:

We’re extending a pleasant hand to any nation that wishes to cooperate with us. Iran needs to have constructive relations with all states on the premise of frequent pursuits.

The BRICS nations have been ramping up their de-dollarization efforts and settling trades in nationwide currencies. The group can also be working to create a brand new frequent forex that’s anticipated to be mentioned on the group’s subsequent leaders’ summit.

What do you consider Iran eager to create a multipolar world? Tell us within the feedback part under.

Kevin Helms

A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source techniques, community results and the intersection between economics and cryptography.

Picture Credit: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This text is for informational functions solely. It isn’t a direct provide or solicitation of a suggestion to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or firms. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the corporate nor the writer is accountable, immediately or not directly, for any injury or loss prompted or alleged to be attributable to or in reference to using or reliance on any content material, items or providers talked about on this article.

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