Iranian President Ebrahim Raisi has been invited by Chinese President Xi Jinping, as the periodic BRICS president, to attend the BRICS Summit 2022, along with several countries known as BRICS Plus.

Raisi will outline Tehran's standpoint on international issues as well as the development of trade and economic cooperation with other states.

BRICS is the acronym coined to associate five major emerging economies: Brazil, Russia, India, China, and South Africa.

Set to be hosted in Beijing, the summit holds BRICS countries' emerging economies, which make up around 25% of the global GDP and 40% of the population.

In televised remarks at the BRICS leaders' virtual summit, referring to the Western sanctions that pummeled Russia, Putin said that "only on the basis of honest and mutually beneficial cooperation can we look for ways out of this crisis situation, which developed in the global economy because of the ill-conceived, selfish actions of certain states." 

Within the framework of the BRICS, the heads of the member states' space agencies held the first joint committee meeting on space cooperation in a video call, as announced by the China National Space Administration in late May.

A week earlier, foreign ministers from the BRICS group of developing economies discussed measures to strengthen the regional and international collaboration among the five nations.

The organization's members are known for their significant influence on regional affairs. Since 2009, the governments of the BRICS states have met annually at formal summits. 

So far, Iran is the only country from West Asia to attend the summit.