Cazem Jalaari, ambassador to Iran, says that the BRICS Group in the emerging economy plays an important role in shaping the future of the world.
Jally, who talked to a Moscow reporter on Thursday, was one of the main reasons for the growing influence of BRICS is the current international power structure, which is slow to deal with global issues. He said that it was not effective.
The ambassador explained that it was an important focus of Brics Agenda in the near future. By 2030, he predicted that US dollars in the central bank reserve would decrease from 58 % to about 35-40 %.
Jarari pointed out that in 2030 forecasts, it suggests that BRICS countries account for 48 % of the world’s gross domestic production (GDP). As the economic indicators of the G7 Nations decline, the BRICS economy is expected to exceed one -third of the GDP in the world and its exports, which accounts for about one -quarter of the world exports. 。
In addition, he stated that BRICS’s new development bank (NDB) has been brought to become an alternative to the World Bank and the West Development Mechanism.
Jarari stated that in 2024, the block was expanded from five members to 10, so it was a turning point for BRICS. In 2023, the South African BRICS Summit invited five countries, including Iran, to participate in groups.
MNA/IRN