Iran to join BRICS development bank soon, central bank governor says

Iran will soon join the New Development Bank, ?the development lender established by the BRICS group of nations, ?central bank governor Abdolnaser Hemmati said in a ?state media report published on Wednesday ?ahead of a BRICS finance meeting in India. Iran remains under sweeping US and international sanctions, and it has yet to reach ?a peace deal to end the current conflict with the U.S. and Israel, giving Tehran ?added incentive to seek alternative financial channels outside ?the ?dollar system. The NDB’s corporate communications division told ?Reuters it could not confirm information regarding Iran’s membership. Iran joined BRICS in 2024…