INSEAD Day 4 - 728x90

BYD logs record EV sales in 2025

It sold 2.26m EVs vs Tesla's 1.22 by Sept end.

Google to invest $6.4bn

The investment is its biggest-ever in Germany.

Pfizer poised to buy Metsera

The pharma giant improved its offer to $10bn.

Ozempic maker lowers outlook

The company posted tepid Q3 results.

Kimberly-Clark to buy Kenvue

The deal is valued at $48.7 billion.

Iran hopes joining BRICS likely to enhance trade and business

Trump threatens BRICS with 100 percent tariffs if they replace dollar. (AFP)
  • Logical policymaking and decisions will lead to positive achievements for the country after joining BRICS, the Iranian official Arsalan Ghasemi said.
  • BRICS is a club of emerging economies that constitute a large population in the world and this opportunity should be used optimally, he added.

Tehran, Iran – Iran’s membership in the BRICS group will lead to the promotion of exports and trade activities, an official was quoted as saying by local media reports.

Deputy Chairman of Iran Chamber of Cooperatives for Legal Affairs Arsalan Ghasemi said that to tackle economic sanctions by the West against Tehran, joining regional and extra-regional treaties is key to get out of the economic pressures, Tasnim reported.

BRICS is a club of emerging economies that constitute a large population in the world and this opportunity should be used optimally in order to promote exports of the country, he added.

Logical policymaking and decisions will lead to positive achievements for the country after joining BRICS, he said, calling on responsible officials to pave the way for supporting importers, exporters and industrialists in particular.

Economic growth of the BRICS member states requires adopting accurate planning compatible with the requirements of the global markets, the parliamentary deputy of the Iran Chamber of Cooperatives added.