During the BRICS finance summit held in Brazil, Iran's Central Bank delegation emphasized the crucial role of the New Development Bank (NDB) in financing infrastructure and sustainable development projects. They urged the bank to simplify the admission process for new members, allowing more countries to join and benefit from its resources. The NDB, formerly known as the BRICS Development Bank, was established in 2015 by the BRICS nations (Brazil, Russia, India, China, and South Africa) to finance infrastructure and development projects in emerging economies. With a subscribed capital of $50 billion, the bank aims to promote economic growth and sustainable development. Iran's interest in joining the NDB aligns with its efforts to strengthen economic ties with the BRICS nations and diversify its international partnerships. By becoming a member, Iran could gain access to additional funding sources for its infrastructure and development projects, boosting its economic growth and regional influence. The delegation's call for easier admission procedures reflects Iran's desire to streamline the process and overcome potential bureaucratic hurdles. Simplifying the admission process could encourage more countries to join the NDB, expanding its global reach and impact. Furthermore, Iran's emphasis on the bank's role in financing sustainable development projects highlights the country's commitment to environmental sustainability and addressing global challenges such as climate change. By supporting projects that promote sustainable practices, the NDB can contribute to a greener and more resilient future for its member nations. The BRICS finance summit provided a platform for Iran to voice its aspirations and advocate for a more inclusive and accessible NDB. As the bank continues to evolve, the admission of new members could enhance its global influence and foster greater cooperation in addressing shared economic and developmental challenges.