Through BRICS Iran is seeing the opportunity to translate political gains into economic profits

INSUBCONTINENT EXCLUSIVE:
mechanism
The historic enlargement of BRICS will create new momentum for the mechanism itself and will enhance global efforts resisting hegemony and
unilateralism
year 2023 marks the 17th anniversary of BRICS since its inception
Albeit different in geopolitical locations, political systems and cultural backgrounds, members of BRICS do share development-oriented
agendas
Members are either newly emerging economies featuring high economic growth or developing countries aspiring for development
This is sharply different from the approach of the United States and the West to shape the world with a democratic model defined by their
own
For long, member states have been very clear that the mechanism will be inclusive adhering to the principle of multilateralism and cultural
diversity
The practices of BRICS had particularly demonstrated respect for all member states
That should be one of the reasons why BRICS had proved to be attractive, particularly for countries that had long been oppressed and
humiliated by Western hegemonic powers.In some ways, the development of BRICS reflected a very strong global trend of anti-hegemony and
anti-unilateralism
Most BRICS members, like China, Russia and Brazil, had been vociferous about their dissatisfaction against US financial hegemony and the
weaponization of dollar as a payment channel
None of the BRICS members had shared with the US and the West their discourse on the Russia-Ukraine conflicts, and none of them had sided
with the US on its efforts to provoke the fire.The Johannesburg Summit had sufficiently demonstrated the attraction of BRICS
Six countries had been admitted into the mechanisms, more than 20 countries had formally applied to enter the mechanism, more than 40
countries had expressed their wish to be part of the mechanism, and more than 60 countries across the world had participated in various
activities of the Summit, which was about 30 percent of the member states of the UN.The enlargement will predictably make BRICS more
important in international affairs as the share of member states in world economy will increase significantly and the political
representation of the mechanism will grow
Therefore, BRICS will not only serve to maintain the right direction of global governance in a variety of areas including trade and
financial cooperation, which had become dysfunctional as a result of confrontational mentalities of some Western countries
BRICS will also boost business opportunities for both old and new industries of all their members, and will create opportunities for its
member states to reshape and even reverse the unreasonable narratives of some western powers on various issues including Russia-Ukraine
Over the last decades, Iran has made friends across the world in defiance of the efforts of certain hegemonic powers to isolate Iran
Entering BRICS will mean new opportunities for Iran to improve its standing
breakthrough in its diplomacy against Western efforts of isolation
great civilizations and economic potentials will see more opportunities to increase its international status
The leaders of BRICS countries have a valuable opportunity to leverage the space that has been created and enhance their mutual and
multilateral interactions
Suppose that Iran will hold SCO and BRICS summits, it will mean that dozens of heads of state and governments will travel to Tehran, which
will naturally make Tehran a center of global politics and focus of international media, which will extremely nullify the efforts of the
West to isolate Iran.Multilateral diplomacy will mean natural economic opportunities
By presence at the summits, members have the opportunity to promote their business relations
Iran will also benefit from the joint efforts of de-dollarization judging by the consensus reached on this issue in Johannesburg
It should be considered that economic benefits would not come as soon as political achievements
accession into BRICS is also a milestone in China-Iran relations
spirits of the BRICS, which could be generally categorized as inclusiveness, diversity and respect, but also trust for China as a major
leading actor of BRICS
international community
cooperation on the reconstruction of international order
shared a long history of peaceful exchange of civilizations and shared the same experience struggling for justice and fairness of
international order
together on issues relating to the great changes and reconstruction of international order.It will thirdly serve to materialize concrete
cooperation projects between the two
China and Iran both had been working hard to materialize the Comprehensive Strategic Partnership announced in 2016, the Comprehensive
Cooperation Agreement in 2022 and various agreements in 2023 when President Raisi visited China
In addition to bilateral mechanisms, leaders of the two sides will predictably meet with each other twice annually respectively within SCO
and BRICS frameworks, and they can talk directly about the concrete issues, which will greatly facilitate cooperation between the two.All in
all, the enlargement of BRICS will create new momentums for global governance and the evolution of international order for the benefits of
emerging economies and developing countries and the whole world as well