Pezeshkian Sees Promising Openings in BRICS, Shanghai, Eurasia

TEHRAN – President Masoud Pezeshkian on Saturday emphasized Iran’s growing diplomatic and economic engagement in global platforms such as BRICS, Shanghai Cooperation Organization, and Eurasian alliances, highlighting the opportunities these interactions create for domestic trade and investment.

Speaking at the annual Iran Capital Market Conference titled “Resilience, Innovation, Growth” in Tehran, Pezeshkian said Iran’s active participation in BRICS, Shanghai, and Eurasia is fostering constructive relations with neighboring countries. 
“These diplomatic interactions are gradually creating a large market, allowing our investors and traders to play a strategic role in economic growth and development,” he said. 
He stressed the government’s determination to resolve business challenges and strengthen collaboration between industry, universities, and government to overcome economic crises.
Pezeshkian called on authorities at the legislative, executive, and judicial levels to create a secure environment for investment. 
“A specialized working group will address legal and regulatory challenges faced by producers and investors. Supporting economic investment is a top priority for the leadership,” he said.
Pezeshkian said discussions focused on capital markets and macroeconomic issues are of critical national importance. 
He stressed the government’s commitment to facilitating business activity, improving its internal efficiency, and preventing budget deficits, which he identified as a key driver of inflation.
“We must ensure that government revenues and expenditures align properly, and we are working to manage costs effectively,” Pezeshkian said. 
He acknowledged that systemic imbalances in water, electricity, and gas sectors exist, but underlined the government’s determination

 to secure energy supplies for industry. 

“Through dialogue and public awareness campaigns, we are promoting efficient consumption. A 10 percent reduction in energy use could save up to 800,000 to 900,000 barrels of oil per day,” he noted.

Pezeshkian also highlighted Iran’s progress in renewable energy, stating that solar and other renewable energy production has increased 200-fold compared with previous periods, with expectations to reach a 700-fold rise by the end of the year. 

“Environmental protection and rational energy consumption are national priorities. We are prepared for winter, and past fuel shortages will not threaten society this year,” he added.

Addressing broader economic challenges, Pezeshkian said Iran continues to face inflation and high prices despite substantial oil and gas production. He pledged monthly consultations with producers, investors, traders, and economic officials to identify solutions and ensure efficient market performance.

“We are also reviewing laws and regulations to remove obstacles for business and investment, reducing the pressure inflation places on livelihoods,” he said.

The president also emphasized that effective management cannot rely solely on directives. “Leadership and organizational guidance must be combined with active participation to increase productivity and performance,” he said. He stressed transparency, solidarity, unity, and honesty as essential tools for overcoming crises.

During the conference, Finance Minister Ali Madanizadeh reviewed macroeconomic indicators and government strategies for the capital market. 

He said the post-war economic context has created uncertainties, but the government has prioritized inflation control, family livelihoods, reducing banking imbalances, and eliminating rent-seeking. 

Madanizadeh highlighted initiatives to boost long-term investment and capital market efficiency, including the “Royesh Plan,” designed to mobilize idle funds into productive economic investment.

Separately, Securities and Exchange Organization head Hojjatollah Seidi praised government support for the capital market. 

“Sustained and stable economic growth is built on investment. Over the past 15 months, efforts have increased the sector’s efficiency and resilience, restoring public trust,” he said. 

Seidi noted ongoing initiatives to protect assets, enhance liquidity, and stabilize the market. The Royesh Plan will continue to convert small, idle capital into productive investment in the coming months.