Iranian and Russian Leaders Criticize Western Sanctions at BRICS Forum
At the BRICS Business Forum in New Delhi on September 11, Iranian President Masoud Pezeshkian and Russian President Vladimir Putin condemned Western economic sanctions. Both leaders argued that these measures have escalated into a broader threat to global stability by disrupting trade and energy markets. Pezeshkian warned of a 'dangerous phase' in pressures against Iran, shifting from financial penalties toward military aggression by the U.S. and Israel. He called for BRICS countries to deepen economic ties using national currencies rather than Western-dominated systems. Meanwhile, Putin highlighted that over 30,000 sanctions have been imposed on Russia since its invasion of Ukraine. Both leaders emphasized the growing importance of the Global South in global growth, with Putin citing data showing BRICS nations contributed more than 40% of incremental world GDP over five years compared to just 29% from G7 countries. They urged stronger cooperation among member states.
Topics: BRICS Global South trade Iran-Russia relations Western sanctions