TEHRAN – Deputy Head of Tehran Chamber of Commerce, Industries, Mines and Agriculture (TCCIMA) Mehdi Sadeghi called for cooperation among the chambers of commerce of BRICS member countries to reach economic development.

Sadeghi made the remarks in a seminar dubbed “The Role of BRICS Chambers of Commerce in the Development of Economy and Entrepreneurship” held on the sidelines of the BRICS International Municipal Forum in Moscow.

Delivering a speech at this meeting, Sadeghi pointed to BRICS' significant contribution to the world economy and stressed that BRICS will play an effective role in improving global GDP in the future and can surpass important unions such as the Group of Seven and the European Union.

“The main purpose of forming chambers of commerce is to help provide the means for economic growth and development, and in both developed and developing countries, a powerful private sector has been the main pillar of economic growth and development,” the official said.

He further noted that the TCCIMA along with other chambers of commerce in Iran, has many capabilities to help the government to achieve economic growth and development.

“Having expertise about business in different economic conditions and a more detailed understanding of the issues and problems faced by the private sector compared to the decision makers of the public sector who mostly don’t have familiarity and expertise in the field are among the advantages of the chambers of commerce in helping the government,” Sadeghi explained.

This year, the Russian Federation is chairing the periodic BRICS Group, and therefore, various conferences and meetings with various topics are being held in Russian cities.

The BRICS International Municipal Forum was held on 27–29 August 2024 at the Expocentre Central Exhibition Complex in Moscow. The event addressed such issues as municipal cooperation, digitalization, sustainable development, and the introduction of innovations in urban management.

EF/MA