Pars Today
Iran has started transiting a first Russian cargo to India through a new route that experts believe will lead to increased trade in the region.
Pakistan’s climate change minister says more than 70 people have died in the ongoing monsoon rains lashing different parts of the country over the past few weeks.
China and Russia have welcomed future expansion of the powerful group of the world’s emerging economies, known as BRICS, to include Iran, which has formally applied to join the bloc.
Iran has applied for joining the group of five major emerging economies – Brazil, Russia, India, China, and South Africa, a spokesman said.
It is important for nations constituting BRICS to be cautious of the plots of the US and the former colonial powers, so that the group can play an effective role in advancing goals such as the development of South-South relations, amendments in the international financial system and presenting new ideas and initiatives.
Iran’s President Seyyed Ebrahim Raeisi says the Islamic Republic can turn into a “sustainable partner” connecting the BRICS group of nations to energy hubs and giant markets around the globe given its unique political and economic geography.
China has increased its crude oil imports from Russia in recent months, importing more than any other country in the month of May since December last year by taking advantage of lower prices in the face of Western sanctions.
Monsoon storms in Bangladesh and India have killed at least 41 people and unleashed devastating floods that left millions of others stranded, officials say.
One person has been killed in India after violence erupted during protests against a new military recruitment process, with Indian authorities imposing restrictive rules on certain gatherings in response.
Iranian Deputy Foreign Minister for Economic Affairs Mehdi Safari during a visit to India this week held meetings with the South Asian country’s high-ranking economic officials, discussing obstacles and challenges faced by the two sides in their economic cooperation.