Iran to become member of New Development Bank
The country plans to develop financial cooperation with other members of the group
-
![]()
Photo source: Aoraee / iStock
Iran intends to become a member of the New Development Bank (NDB) in the near future. This was announced by the Governor of the Central Bank of Iran, Abdolnaser Hemmati, during a visit to India. His remarks were reported by the Iranian government’s official news portal.
"The most significant outcome of cooperation between BRICS member states is the establishment of the New Development Bank, and our country will soon become a member of this bank," said Abdolnaser Hemmati.
Hemmati expressed Iran’s desire to develop bilateral and trilateral monetary and financial cooperation with other members of the group.
The Governor of the Central Bank of Iran noted India’s efforts during its Chairship of the group and emphasised that active cooperation between the two countries had already begun in the financial and banking sectors, as well as in the digital economy.
-
![]()
Economy10.09.26BRICS Business Council calls for stronger practical business cooperation -
![]()
Economy10.09.26Expert: BRICS marks two decades with new financial and digital cooperation mechanisms -
![]()
Economy10.09.26Addis Ababa ranks second globally in climate resilience -
![]()
Economy10.09.26Representatives of BRICS countries to discuss development of port cities at forum in Russia -
![]()
Economy10.09.26Expert: BRICS has become example of new and equal model of cooperation between countries -
![]()
Economy10.09.26China-Laos Railway carries 244,000 cross-border passenger trips in first eight months
-
![Vladimir Putin]()
Vladimir PutinPresident of Russia"We are developing mutual trade, which is growing; it increased by over 12 per cent last year. We have a joint commission working in this sphere. Our focus is on agriculture, shipbuilding, information technology and energy, including nuclear power. We have signed a free trade agreement between the Eurasian Economic Union and Indonesia. Jakarta is our reliable and old friend within ASEAN. We are working together at all international platforms, including the UN" -
![Vladimir Putin]()
Vladimir PutinPresident of Russia"More and more Iranian students are choosing Russian education. We are very pleased about this. A great many future doctors are studying in Russia. In the 2025–2026 academic year, the number of Iranian students in Russia approached 10,000, with 802 of them studying at the expense of the Russian state budget" -
![Xi Jinping]()
Xi JinpingPresident of the People’s Republic of China"The foundation of our bilateral relations will only grow stronger, and we will confidently move forward to a better future. […] The striving of nations on our planet for peace, development, cooperation and mutual benefit remains unchanged. The vital mission of the Shanghai Cooperation Organisation is to maintain stability and promote the development of our region" -
![Alisher Salomov]()
Alisher SalomovAdviser to the Chairman of the National Committee for Ecology and Climate Change of the Republic of Uzbekistan"First and foremost, I would like to highlight the importance of this Central Asia–Russia initiative, because environmental problems know no borders, and only a shared understanding of these problems and the search for joint solutions can deliver positive results" -
![Joao Paulo Capobianco]()
Joao Paulo CapobiancoBrazilian Minister of the Environment and Climate Change"The BRICS countries have a very high level of responsibility because they share an important part of the world's biodiversity, landscapes, populations, food production and water resources. So, we have an opportunity to lead by example. We have our development bank, which can demonstrate and develop new ways of financing programmes. We can reduce the risks for private capital to invest in restoration and efforts to combat desertification"
