The World is increasingly getting closer to De-dollarization than ever in the history : Ambassador Iran

Islamabad: 29 July 2024 –  Dr. Reza Amiri Moghadam, Ambassador of the Islamic Republic of Iran to Pakistan has said that  By the BRICS alliance regarding a new transaction messaging system and looking to bypass the traditional payment mechanisms, the World is increasingly getting closer to De-dollarization than ever in the history.

In his note, the Ambassador shared that the creation of a new financial messaging system provides more variety for the economic activists and allows the region to reshape the global trade landscape.

“This variety is both needed and featured by the economic multilateralism. Pakistan’s adhesion to BRICS – as an influential regional and international player – will be another turning point to more and more strengthen BRICS.