Iran advances de-dollarization among BRICS members to counter US dominance Read more: https://www.al-monitor.com/originals/2024/07/iran-advances-de-dollarization-among-brics-members-counter-us-dominance#ixzz8fy1zX2uh

In this pool photograph distributed by the Russian state agency Sputnik, Russia's President Vladimir Putin (2L) meets with Iran's conservative Parliament Speaker Mohammad Bagher Ghalibaf (2R) on the sidelines of a BRICS (the bloc that includes Brazil, Russia, India, China and South Africa) parliamentary forum in Saint Petersburg on July 11, 2024. (Photo by Valery SHARIFULIN / POOL / AFP)

Iran advances de-dollarization among BRICS members to counter US dominance

Al Monitor-July14th2024

TERHAN — Iran renewed diplomatic efforts to ditch the US dollar from business interactions with its key partners, encouraging others to do so with the aim of weakening the US’ standing in global economic calculations.

Iran’s parliament speaker, Mohammad Bagher Ghalibaf, was in the Russian city of St. Petersburg to attend the 10th Parliamentary Forum of the BRICS group of nations. The economic alliance, which originally comprised Brazil, Russia, India, China and South Africa, has seen several new additions, including Iran, whose ascension was made official in January.

In an address to the summit, covered by the ISNA News Agency, Ghalibaf