Iran's accession to the Shanghai Security Organization (SCO) allows the country to reap huge security and economic benefits and helps the regional grouping to advance towards its goal of creating a democratic international order, according to a former Iranian diplomat.

Iran has become the ninth full member of the Shanghai Cooperation Organization. 

The Iranian foreign minister was speaking on the phone with the SCO Secretary-General Zhang Ming.

The Iranian government has set one of its strategic priorities to activate the capacities of diplomacy and play a role in regional and global developments, placing economic diplomacy at the top of its actions.

A Russian official says Iran's full membership of the SCO will be at the top of the agenda of the upcoming summit of the organization.

The US Treasury Secretary, Janet Yellen, says Washington should expect a gradual decline in the dollar share of the global reserve as a global dedollarization move is gaining momentum.

The Iranian foreign minister says the era of unilateralism is coming to an end, and the Shanghai Cooperation Organization (SCO) and the BRICS group of countries could play important roles in the future.

Iranian Foreign Minister Hossein Amir-Abdollahian made the remarks in Cape Town on Thursday.

Iran’s foreign minister says the Islamic Republic is now a major player on both regional and global levels.

The chief of staff of the Iranian Armed Forces says Europe will irretrievably plunge into a downward spiral if it continues to back the United States’ policies blindly.