Iran proposes to connect BRICS payment systems — Foreign Ministry

Spokesperson for the Ministry of Foreign Affairs of the Islamic Republic Nasser Kanani

© APA | Spokesperson for the Ministry of Foreign Affairs of the Islamic Republic Nasser Kanani

# 08 July 2024 16:15 (UTC +04:00)

Iran proposes to connect the national payment systems of the BRICS countries, following the example of the integration of Russia's Mir and Iran's Shetab systems, according to spokesperson for the Ministry of Foreign Affairs of the Islamic Republic Nasser Kanani, APA reports citing TASS.

"In addition to the fact that at the bilateral level Iran and Russia completed connecting national payment systems through the central banks of the two states, the necessary conditions have been created to transfer trade payments to national currencies, we continue to talks, at which Iran expressed its proposal to the Russian side - to extend this mechanism for the BRICS countries. The Russian side views this proposal positively," the diplomat said at a press conference broadcast by the IRIB TV channel.

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