Iran has expressed its readiness to supply oil and gas to BRICS member states, addressing their growing energy demands. Senior Iranian lawmaker Rouhollah Mousavi announced this during a recent parliamentary forum in Russia. Mousavi emphasized Iran’s capability to exchange energy resources for banking and trade services with BRICS nations.
Strategic Energy Partnerships
During the two-day visit to Russia, led by Parliament Speaker Mohammad Bagher Ghalibaf, the Iranian delegation engaged in discussions with representatives from other BRICS countries. These meetings highlighted the potential for expanding banking and trade exchanges within the BRICS framework. Mousavi underscored the importance of de-dollarizing economic transactions to enhance mutual benefits.
Iran’s Role in BRICS
Mousavi stated that Iran’s inclusion in BRICS is advantageous for both Iran and the other emerging economies in the alliance. With its vast resources, Iran can meet the energy needs of BRICS countries, which include Brazil, Russia, India, China, and South Africa. In return, BRICS members can support Iran’s requirements in banking and trade sectors.
BRICS nations collectively represent 40% of the world’s population, 30% of global GDP, and 17% of world exports. This economic influence makes the collaboration between Iran and BRICS crucial for global energy market trends and sustainable growth. The integration of Iran into BRICS is expected to fortify energy security and foster green energy policies.
Future Prospects
The potential partnership between Iran and BRICS underscores the strategic importance of energy resource management. With the global push towards sustainable energy solutions, such collaborations can lead to significant developments in solar technology and energy storage. This move aligns with the ongoing evolution of the solar energy market and green energy investments.
Iran’s commitment to meeting BRICS energy demands is a step towards a more integrated and resilient energy market. This partnership could pave the way for innovative energy solutions and bolster economic ties among these influential nations.
Source：en.mehrnews.com
