Iran’s central bank governor says that the country will soon join the New Development Bank, the multilateral lender established by the BRICS group of nations.
– The comments from Governor Abdolnaser Hemmati were published by state media on Wednesday ahead of a BRICS finance meeting in India.
– The NDB’s corporate communications department did not confirm the information, according to the Reuters news agency.
– The bank was set up by Brazil, Russia, India, China and South Africa in 2015 to finance infrastructure and sustainable development projects. It has since expanded its membership to include the United Arab Emirates, Egypt and other emerging economies.
– Iran joined BRICS in 2024.
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