Iran Proposes to Link All BRICS Payment Systems

The spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran Nasser Kanani has proposed to link the payment systems of all the countries of the BRICS bloc, allowing for seamless settlements between these. Kanani stated that the conditions have been created for this to happen, as payments between these countries are migrating to national currencies.

Iran States It Is Time to Link BRICS Nations’ Payment Systems

A tighter integration between the economic systems of the countries of the BRICS bloc is brewing. The Islamic Republic of Iran is seeking the implementation of a system to integrate all existing payment systems of all countries of the BRICS bloc, which includes Brazil, Russia, India, China, South Africa, Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates (UAE).