Iraqi: BRICS, the Champion of Strengthening National Currencies in the World
Economy

Iraqi: BRICS, the Champion of Strengthening National Currencies in the World

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In an important meeting, the Foreign Minister referred to the unique role of BRICS in the global arena and expressed that this institution currently holds special significance. Iraqi emphasized India's ability to lead this group, pointing to a bright future for international cooperation.

Strengthening National Currencies, a BRICS Priority

Iraqi stated that all BRICS member countries emphasize the importance of strengthening their national currencies. This approach can help reduce dependence on foreign currencies and increase the financial independence of member countries. According to him, this action is not only beneficial for BRICS members but can also contribute to global economic stability.

He also referred to India's ability to lead the BRICS group and said: "I am confident that India can lead this group well and achieve the common goals of its members." Given recent developments in global politics, BRICS is expected to play a role as an emerging power on the world stage.

Challenges and Opportunities

Despite existing challenges, Iraqi believes that close cooperation among BRICS member countries can lead to the formation of a powerful economic bloc against Western powers. He emphasized that this group can offer a new model of international cooperation based on mutual interests and respect.

In conclusion, the Foreign Minister once again emphasized the importance of BRICS and its role in shaping the economic future of member countries, referring to economic and political developments in the world. This institution can serve as a model for other countries in the path of strengthening national currencies and economic cooperation.

Source: sharghdaily.com