Iran Press/ Iran news: The term BRIC was coined by Goldman Sachs economist Jim O’Neill in 2001 to describe the startling rise of Brazil, Russia, India, and China. The bloc had its first summit in 2009 in Russia. South Africa joined in 2010. In a summit of the bloc in Johannesburg, South Africa, from August 22 to 24, 2023 participants agreed Argentina, Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to join the bloc from January 1, 2024.
Iran joined the organization as an observer member in 2005 and applied for full membership a year later. Finally, at the 23rd SCO summit on July 4th, 2023, which was held virtually and hosted by India, Iran was recognized as the ninth permanent member Now they are members of the bloc. All BRICS member states have full sovereignty and their foreign political interests and priorities. Mutual respect and mutual benefit are the foundation for dialogue and development within BRICS.
Mohajer highlighted that Iran's strategic location allows for the export of many products from the BRICS countries through international north-south, east-west, rail, and air corridors. He made these remarks at the 14th meeting of the agriculture ministers of the BRICS group of emerging economies, held last week in Moscow.
The Iranian official noted that the BRICS member states make up more than 40 percent of the world's population and account for 30 percent of the global economy. This, he said, provides the BRICS group with the potential to create special conditions for the production, trade, and export of food products.
Mohajer pointed to the opportunities for removing import and export barriers, stating that about 40% of the world's grain is traded by BRICS member states. These countries, he said, can easily export these products to the world through Iran's southern ports.
Furthermore, the deputy minister of agriculture added that Iran can play a role in importing corn and soybean products from countries like Brazil to other BRICS states.
This positioning of Iran as a potential agricultural export corridor for the BRICS group highlights the country's strategic geographical advantage and its efforts to capitalize on the economic potential of this influential bloc of emerging economies. By facilitating the movement of agricultural goods, Iran aims to strengthen its role in the global food trade and solidify its position as a key player in the region.
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