Pezeshkian Hails India's BRICS Leadership, Calls for De-dollarization Amid Global Tensions
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Iranian President Masoud Pezeshkian has publicly commended India and Prime Minister Narendra Modi for their 'valuable efforts' in strengthening BRICS, particularly for hosting the ongoing 18th BRICS Summit in New Delhi. The Iranian leader arrived in the Indian capital on Friday, September 11, 2026, to participate in the high-profile gathering, which serves as a critical platform for emerging economies to shape a new global order. Pezeshkian's remarks highlight India growing influence within the expanded 11-member bloc and Iran strategic commitment to this alliance amidst significant international pressures. The summit comes at a fraught geopolitical moment, with President Pezeshkian using the forum to advocate for 'de-dollarization' and enhanced financial cooperation among BRICS nations, citing the economic strain from sanctions and the wider impact of the US-Israel conflict. India, holding its fourth BRICS Chairship, is focusing on bolstering intra-BRICS trade and advancing the interests of the Global South, aiming to convert the bloc's substantial economic weight into tangible collective action. Discussions between Modi and Pezeshkian also touched upon regional stability in West Asia and safeguarding maritime navigation. As the summit progresses at Bharat Mandapam, leaders are set to deliberate on a range of issues from economic resilience and innovation to sustainability, with a keen eye on establishing alternative payment mechanisms and fostering deeper trade ties. The emphasis on strengthening BRICS institutional effectiveness and promoting a 'Humanity First' approach under India leadership sets the stage for potential shifts in global economic and political dynamics, demanding close observation of future initiatives and bilateral outcomes from the diverse member states.