Tehran ready to sign long-term agreement with Brazil: Iranian FM
Brazil's foreign minister told his Iranian counterpart that relations between the two countries have great potential to grow more.
Iran is ready to sign a long-term comprehensive agreement with Brazil to increase the trading volume between the two countries and develop deeper cooperation, the Iranian Foreign Minister Hossein Amir-Abdollahian told his Brazilian counterpart.
The two top diplomats discussed the historic ties between the two nations on the sidelines of the BRICS summit for foreign ministers in South Africa's capital, Cape Town.
Amir-Abdollahian highlighted Brazil's support for Tehran's membership in BRICS, noting that its accession will strengthen bilateral relations between the two nations and boost trade volume.
Brazilian Foreign Minister Mauro Vieira considered emphasized that relations with Iran have great potential to grow, adding that visiting Tehran would be a good opportunity to establish further plans for enhancing mutual relations.
Vieira expressed Brazil's opposition to the Western unilateral sanctions against Iran, stressing that the lifting of sanctions will allow the expansion of ties between the two countries.
Joint plans to commemorate the 120th anniversary of diplomatic relations between Iran and Brazil were also discussed in the meeting.
In light of collective efforts to de-dollarize global trade, several countries have already expressed an interest in joining the BRICS association, including Iran, Venezuela, and interestingly Saudi Arabia as well.
Foreign ministers of the BRICS member states; Brazil, Russia, India, China, and South Africa, met in Cape Town last Thursday to discuss new modalities of challenging the US and its dollar supremacy.
This would involve the creation of an alternative financial market and global currency that will serve to shield the group's New Development Bank from the nefarious impact of US sanctions.
One of the measures would involve admitting new members into the bloc, with South African diplomat Naledi Pandor calling for further efforts to be invested in the production of a report by August.
A summit at the level of BRICS leaders will be held in August in South Africa's Johannesburg.