New Delhi, Sept. 11 -- Iranian Foreign Minister Seyyed Abbas Araghchi on Friday praised India's chairship of BRICS, expressing confidence in New Delhi's ability to guide the expanding bloc of emerging economies ahead of the summit on Saturday.

Speaking with the media on the sidelines of the BRICS Summit in the national capital, Araghchi highlighted India's growing geopolitical influence and its pivotal role as the current chair of the group.

"We consider India as a great emerging country, which is now presiding over BRICS," Araghchi stated. "BRICS is a very important institution right now and is playing a very important role. I'm sure that India is able to lead the BRICS group and the countries that are members of this group in an excel...