Iran, Russia condemn Western economic sanctions and urge BRICS bloc to deepen economic ties
Iranian President Masoud Pezeshkian and Russian President Vladimir Putin criticized Western sanctions and asked the BRICS bloc to deepen trade ties.
TL;DR
- Iranian and Russian presidents criticized Western sanctions at the BRICS Business Forum.
- They urged BRICS to deepen trade and use national currencies for trade among members.
- Sanctions and conflicts have disrupted global energy markets and raised fuel prices.
- Russia has faced over 30,000 sanctions, according to President Putin.
- Putin stated that BRICS countries produced over 40% of incremental global GDP in the last five years.