Iran is seeking membership in the New Development Bank (NDB) financial structures.

The entities involved

• Iran →

  village in North Ossetia, Russia

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Talks regarding an Iran deal are underway, with a ceasefire reached after deadly exchanges, and Trump supporting Israel.Mon 17:12
• BRICS →

  association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates

  • Narendra Modi represented India at the BRICS summit, focusing on trade, energy, and defense cooperation.Mon 17:04
  • India hosted the BRICS summit, where talks were held regarding India-China border issues.Mon 14:25

Related events

• BRICS countries are utilizing the New Development Bank (NDB) to provide financing for developing nations.Sep 13
• BRICS held its declaration in Delhi, confirming new members and discussing CBAM's impact on developing countries.Fri 07:51
• BRICS discussions highlighted the limitations of the bloc due to the Iran conflict and compared the size of its bank to the World Bank.Sep 21
• Iran is actively seeking deeper integration into the BRICS bloc, including membership in the New Development Bank.Sep 11
• BRICS admitted Iran as a new member during the tenure of the Indian presidency.Aug 6