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Iranian President Masoud Pezeshkian urged BRICS on Friday to create a system that prevents countries from obstructing the legitimate trade of others, saying economic pressure on Iran had entered a “far more dangerous phase” following the war with the U.S. and Israel.
Speaking at the 18th BRICS Leaders Summit in New Delhi, Pezeshkian said the world was going through one of its “most complex periods” as economic tools were increasingly used to exert political pressure.
“What is BRICS’ response to these problems?” he asked.
He said the bloc’s strength would become clearer when it moved from “potential cooperation to operational cooperation.”
“Iran has faced comprehensive sanctions in recent years, and these pressures entered a far more dangerous phase following the U.S.-Israeli aggression,” Pezeshkian said.
He said the conflict, along with its human and material losses, showed that economic security could not be separated from national and regional security.
“When a country’s trade, energy, infrastructure or financial system is subjected to political and military pressure, the effects go beyond that country’s borders and affect regional stability and the global economy,” he said.
Pezeshkian called for an environment in which no country could block another state’s legitimate trade.
The Iranian president also called for wider use of national currencies in trade among BRICS members.
He said Iran was ready to serve as a “strategic partner” in the bloc’s energy and transport supply chains.
“Iran is ready to work with BRICS members to build a more open and just economy,” Pezeshkian said.
BRICS was founded in 2006 and includes Brazil, Russia, India, China and South Africa. Egypt, the United Arab Emirates, Ethiopia and Iran later joined, while Indonesia’s accession was announced in early 2025.
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