At BRICS summit, Iranian President Pezeshkian slams West over sanctions’ impact on food security, global welfare
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Iranian President Masoud Pezeshkian attends the BRICS Summit in New Delhi, India, on September 12, 2026. | Photo Credit: AP
BRICS must expand trade in national currencies and work towards an inclusive global economic framework as excessive dependence on existing financial and trade systems has made emerging economies vulnerable to political shocks, Iranian President Masoud Pezeshkian said on Sunday (September 13, 2026).
In an address at the concluding session of the two-day BRICS summit, Mr. Pezeshkian, taking a swipe at Western powers, was also critical of "unilateral sanctions", saying they were directly impacting global food security and people's welfare.
The Iranian leader's remarks came weeks after the U.S. imposed new economic sanctions on Iran, tightening the squeeze on Tehran's finances amid ongoing military hostilities between the two sides.
The Iranian President said BRICS had evolved beyond being merely a framework for cooperation among emerging economies and had become a manifestation of growing demand for a more balanced and inclusive world in which "no centre of power has the right to determine the destiny of others".
The BRICS now must play a greater role in building a more balanced, inclusive and just international order, the Iranian President said, stressing that resilience, cooperation and sustainability should be translated into practical action.
The Iranian President said economic resilience could not be sustained without security, referring to what he described as the military aggression by the United States and Israel against Iran.
He said the attacks on Iran's economic, energy and development infrastructure could have consequences beyond national borders, creating regional and global repercussions.
Mr. Pezeshkian said the Iranian people had paid a heavy price, with civilians killed and infrastructure built over decades damaged. He said the international community had a responsibility to protect civilians and prevent the "normalisation of attacks on civilian targets".
Mr. Pezeshkian thanked India, its people and Prime Minister Narendra Modi for hosting the summit, saying its theme — "Resilience, Cooperation and Sustainability" — reflected the fundamental global needs at a time when the destinies of nations were increasingly interconnected.
He said the international community's challenge was not merely to manage current crises, but to build a system that strengthened nations against future crises and created a fairer world.
Delving into pressing economic challenges, Mr. Pezeshkian said excessive dependence on limited financial and trade systems had made economies vulnerable to political shocks.
Unilateral sanctions directly affected food security and people's welfare, he said, pitching for expanding trade in national currencies and strengthening the New Development Bank to enhance the economic resilience of BRICS members.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.thehindu.com — the content belongs to The Hindu.