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Beijing

Tehran:

Tehran

Iran’s presence in BRICS+ entails economic benefits: VP

Vice President of Iran for Parliamentary Affairs said that President Ebrahim Raisi’s attendance in BRICS+ summit has great economic benefits for Iran, as emerging economies in the grouping constitute half of the world’s population.

Mohammad Hosseini said in a tweet on Friday that President Raisi was invited by the Chinese President to attend the online summit.

He noted that Iran is the only country in the West Asia to be invited to the summit and this presence would entail great economic benefits for Iran.

BRICS is an acronym coined to refer to a grouping of world’s major emerging economies, namely Brazil, Russia, India, China and South Africa.

Russia and China have recently become supportive of Iran’s possible membership in the grouping as an observer.