1 hr ago
Iranian President Thanks India for Strengthening BRICS Cooperation
Iran’s president spoke at a BRICS business meeting in New Delhi.
He thanked India and Prime Minister Narendra Modi for organizing the gathering.
He said countries’ economic safety is connected to their national and regional safety.
Conflicts and sanctions can disrupt trade, energy, infrastructure, and financial systems.
He asked BRICS countries to work more closely on trade and investment.
He also suggested creating a shared insurance company with $10 billion in starting funds.
He wanted countries to make customs and digital systems work together more easily.
He said BRICS should help create technology and protect important computer systems.
Iranian President Masoud Pezeshkian thanked India and Prime Minister Narendra Modi for hosting the BRICS Summit.
Pezeshkian said economic security is inseparable from national and regional security amid conflict in West Asia.
He urged BRICS members to expand joint trade, investment, financing, and payment channels.
Iran proposed creating a BRICS joint reinsurance company with initial capital of $10 billion.
Pezeshkian also called for digital cooperation, reduced trade barriers, and stronger critical-infrastructure cybersecurity.
- Who
- Iranian President Masoud Pezeshkian, Indian Prime Minister Narendra Modi, and other BRICS leaders and business representatives.
- What
- Pezeshkian thanked India for hosting the BRICS Summit and proposed stronger economic, trade, financial, digital, and cybersecurity cooperation.
- Where
- New Delhi, India.
- When
- Friday, during the BRICS Business Forum held ahead of the BRICS Summit.
- Why
- Pezeshkian said BRICS cooperation could improve economic resilience and protect trade and infrastructure from political or military pressure.
Key facts
- Speaker
- Iranian President Masoud Pezeshkian
- Host country
- India
- Event
- BRICS Business Forum ahead of the BRICS Summit
- Location
- New Delhi
- Financial proposal
- A BRICS joint reinsurance company with $10 billion in initial capital
- Proposed priorities
- Digitalization, integrated customs, trade facilitation, fewer regulatory barriers, and joint private-sector investment
- Security focus
- Economic security, critical infrastructure, and cybersecurity
Quotes
Masoud Pezeshkian
President of Iran speaking at the BRICS Business Forum
“Another specific proposal from the Islamic Republic of Iran is to establish a BRICS joint reinsurance company with an initial capital of $10 billion to cover the risk of large infrastructure and energy projects and increase confidence in the private sector.”
thehansindia.com
“Economic security is inseparable from national and regional security, and whenever a country's trade, energy, infrastructure, or financial system is under political-military pressure, its effects will go beyond that country's borders”
thehansindia.com
Sources
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