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Iranian Parliament Speaker Mohammad Bagher Qalibaf says the country will soon join BRICS PAY, an electronic banking system used by the BRICS alliance of emerging economies, amid plans by Tehran to dodge banking restrictions caused by US sanctions. Speaking in an open session of the Iranian parliament on Saturday, Qalibaf said that Iran will access BRICS PAY as of January 1, 2024. “That gives us a major opportunity to work with big countries,” he said while elaborating on growing trade between Iran and original BRICS members, namely Brazil, Russia, India, China and South Africa. #Iran #BRICS #Brazil #Russia #India #China #SouthAfrica
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