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Iran is set to join the New Development Bank (NDB), the development lender established by the BRICS group, Iranian central bank governor Abdolnaser Hemmati said on Wednesday, as Tehran seeks to deepen financial ties with emerging economies amid sweeping international sanctions. Hemmati made the remarks ahead of a BRICS finance ministers and central bank governors meeting hosted by India, which holds the group’s rotating chairmanship this year. Iran joined BRICS in 2024 as part of the bloc’s expansion and has since expressed interest in becoming a member and shareholder of the NDB. The bank was established in 2015 by Brazil,…
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