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Iran joins group with China & Russia, calls to drop US dollar in trade episode artwork

EPISODE · Jul 9, 2023 · 48 MIN

Iran joins group with China & Russia, calls to drop US dollar in trade

from Geopolitical Economy Report · host Ben Norton

Iran has become a full member of the Shanghai Cooperation Organization, along with China, Russia, India, Pakistan, and Central Asian nations. The SCO represents 40% of the global population and one-third of the world economy. Iranian President Ebrahim Raisi called for challenging "Western hegemony" and de-dollarizing trade in the region, instead using local currencies for international settlements. VIDEO: https://youtube.com/watch?v=YVKNh1gLSO0

What this episode covers

Iran has become a full member of the Shanghai Cooperation Organization, along with China, Russia, India, Pakistan, and Central Asian nations. The SCO represents 40% of the global population and one-third of the world economy. Iranian President Ebrahim Raisi called for challenging "Western hegemony" and de-dollarizing trade in the region, instead using local currencies for international settlements. VIDEO: https://youtube.com/watch?v=YVKNh1gLSO0

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Iran joins group with China & Russia, calls to drop US dollar in trade

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How long is this episode of Geopolitical Economy Report?

This episode is 48 minutes long.

When was this Geopolitical Economy Report episode published?

This episode was published on July 9, 2023.

What is this episode about?

Iran has become a full member of the Shanghai Cooperation Organization, along with China, Russia, India, Pakistan, and Central Asian nations. The SCO represents 40% of the global population and one-third of the world economy. Iranian President...

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