The Director of Iran Electricity Grid Management Company, responsible for overseeing the electricity market, highlighted the potential for collaboration between Iran and the BRICS group of emerging economies to enhance the energy sector. Speaking at the inaugural meeting of the Energy Committee of BRICS nations in Russia, Iman Rahmati underscored BRICS’ formation in 2005 by Brazil, Russia, India, China, later joined by South Africa in 2010.
Rahmati noted that in addition to the founding members, countries such as Iran, Egypt, the United Arab Emirates (UAE), Saudi Arabia, and Ethiopia have recently joined BRICS, with others expressing interest in membership. He highlighted the diverse range of topics addressed within BRICS, spanning banking, agriculture, transport, health, food security, and energy.
Iran’s prominent position in the energy sector domestically and internationally, Rahmati emphasized, positions the country well for leveraging BRICS membership to foster growth and enhance its energy landscape. He stressed the potential benefits of tapping into BRICS’ collective experiences, asserting that doing so could catalyze the development of various projects within Iran.
Rahmati concluded by underlining the significant advantages Iran stands to gain by integrating with BRICS, foreseeing substantial opportunities for collaboration and mutual growth in the energy sector and beyond.
