May 10, 2025

Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

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Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing the BRICS summit in Russia, Iran’s president urged the bloc to explore alternative structures and strengthen institutions like the New Development Bank to support new members. He reaffirmed Iran’s commitment to reshaping

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