ISLAMABAD: Ambassador of the Islamic Republic of Iran to Pakistan Dr. Reza Amiri Moghadam has welcomed the creation of a new financial messaging system by the BRICS alliance adding that the world is increasingly getting closer to de-dollarization than ever in history.
The ambassador in a statement on social media on Monday said that the new mechanism is looking to bypass the traditional payment mechanisms.
He went on to say 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.
The ambassador said this variety is both needed and featured by 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,” Dr. Reza Amiri Moghadam noted.
