Driving the news:
Pezeshkian addressed the Annual Iran Capital Market Conference, titled Resilience, Innovation, Growth, held at the IRIB Conference Hall, emphasizing that capital market reforms and macroeconomic stability are core priorities of his administration.
Why it matters:
Iran views multilateral blocs as alternative economic corridors that can reduce reliance on Western-controlled systems, expand regional trade, and improve investor confidence amid long-standing sanctions and domestic economic challenges.
The big picture:
Tehran is pairing diplomatic outreach with internal economic restructuring, aiming to utilize BRICS and Eurasian ties to diversify trade routes while addressing inflation and budget deficits at home.
What he is saying:
"Thanks to Iran’s active presence in BRICS, the Shanghai Cooperation Organization, and Eurasia, new opportunities are emerging for investors."
"We in the government must take effective measures to facilitate your activities. Our priority is to improve efficiency and prevent the continuation of budget deficits, as government policies and programs are one of the factors driving inflation."
“Iran’s active presence in arenas like BRICS, the Shanghai Cooperation Organization, and Eurasia has fostered positive and constructive relations with our neighbors. This process is strengthening daily, enabling us to facilitate economic activity and investment.”
“Fortunately, due to diplomatic interactions, a large market is forming, and we invite figures from other countries so that traders and economic actors can play a targeted role in economic growth and development.”
“We are determined to solve your issues and strengthen the connections between manufacturing, industry, universities, and the government to overcome crises.”
Zoom in:
The president’s direct appeal to investors signals the government’s awareness of persistent structural pressures, ranging from budget deficits to regulatory uncertainty, that have historically hindered Iran’s capital market.
Catch up quickly:
Iran joined BRICS in 2024 and has expanded economic cooperation through the SCO and Eurasian frameworks, including tariff reductions, regional energy coordination, and non-dollar settlement mechanisms.
Go deeper:
Iran’s BRICS, SCO Membership Bolsters Global Economic Alliances: Russian Official
Zohre Khazaee - Hossein Vaez
