Iran to join BRICS development bank soon, central bank governor says
Iran will soon join the New Development Bank, established by BRICS nations, central bank governor Abdolnaser Hemmati said ahead of a BRICS finance meeting in India. Tehran, facing
Hafsa Mustafa
12 Aug 2026·1 month ago
1 min read
Iran will soon join the New Development Bank, established by BRICS nations, central bank governor Abdolnaser Hemmati said ahead of a BRICS finance meeting in India. Tehran, facing sweeping US and international sanctions, seeks alternative financial channels outside the dollar system. Iran joined BRICS in 2024 and has since sought NDB membership and shares.
Hafsa Mustafa
JournalistStaff correspondent covering World and national affairs for Pakistan Times Today.
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