23 Nov 2024
Wednesday 16 October 2024 - 03:00
Story Code : 429766
Source : Mehr News
CBI governor

Iran wants to join BRICS New Development Bank

The Iran Project : Iran values the role of the BRICS New Development Bank (NDB) in the association and is going to become its member, Governor of the Central Bank of Iran Mohammad Reza Farzin said.
Iran wants to join BRICS New Development Bank: CBI governor
Iran wants to join BRICS New Development Bank: CBI governor
According to The Iran Project, "The New Development Bank created by BRICS can correspond to development goals of many BRICS countries, since the World Bank is acting now in interests of the United States and Western countries only. We are going to become a member of this bank," Farzin noted after the BRICS Finance Ministers and Central Bank Governors Meeting in Moscow, TASS reported.

NDB was founded by BRICS countries on the basis of the intergovernmental agreement signed in Brazil in July 2014. The goal of bank’s operations is to finance infrastructural projects and sustainable development projects in BRICS countries and developing economies.
Reporter : Editorial of The Iran Project
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