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BRICS can reduce Irans trade costs

· 9 min read

‘BRICS can reduce Iran’s trade costs’

TEHRAN- The Vice Chairman of the Iran-Russia Joint Chamber of Commerce, stating that using BRICS financial mechanisms and settling exchanges with national currencies can reduce Iran’s trade costs, said: Placing the rial in the calculation basket of this group requires stabilizing the value of the national currency and reforming foreign currency exchange regulations.

‘BRICS can reduce Iran’s trade costs’