Al Mayadeen English

  • Ar
  • Es
Al Mayadeen English

Slogan

  • News
    • Politics
    • Economy
    • Sports
    • Arts&Culture
    • Health
    • Miscellaneous
    • Technology
    • Environment
  • Articles
    • Opinion
    • Analysis
    • Blog
    • Features
  • Videos
    • NewsFeed
    • Video Features
    • Explainers
    • TV
    • Digital Series
  • Infographs
  • In Pictures
  • • LIVE
News
  • Politics
  • Economy
  • Sports
  • Arts&Culture
  • Health
  • Miscellaneous
  • Technology
  • Environment
Articles
  • Opinion
  • Analysis
  • Blog
  • Features
Videos
  • NewsFeed
  • Video Features
  • Explainers
  • TV
  • Digital Series
Infographs
In Pictures
  • Africa
  • Asia
  • Asia-Pacific
  • Europe
  • Latin America
  • MENA
  • Palestine
  • US & Canada
BREAKING
Egyptian Ministry of Water Resources: Ethiopia retracted from previously reached agreements within the framework of the negotiating process on the Renaissance Dam.
Egyptian Ministry of Water Resources and Irrigation: The tripartite ministerial meeting regarding the Renaissance Dam did not achieve progress.
Gaza Ministry of Health: 6 Palestinians wounded by IOF fire east of Gaza Strip.
Al Mayadeen's correspondent: A batch of incendiary balloons were launched towards settlements adjacent to the Gaza Strip.
Turkey's Defense Ministry: 5 Kurdistan Workers Party members killed in an airstrike in northern Iraq.
The Iranian Intelligence Ministry says its forces raided several terrorist hideouts in Tehran and Western Azerbaijan and arrested 28 elements.
Iran's Intelligence Ministry says the terror attacks were aimed at undermining Iran's state security and showing Iran as a destabilized nation.
Iran's Intelligence Ministry says it foiled a terrorist plot being planned for Tehran, with all the culprits getting arrested.
Iranian Defense Ministry says has missiles designed with the intention of striking the Israeli occupation, namely the Hajj Qassem Soleimani missile.
Al Mayadeen correspondent: The Israeli occupation forces raided Birzeit University and arrested three young men in its vicinity.

Russia welcomes bids from Egypt, Bangladesh to Join BRICS

  • By Al Mayadeen English
  • Source: Agencies
  • 22 Jun 2023 08:33
  • 1 Shares

Russia's Foreign Ministry hails interests expressed by new countries to increase cooperation with the global platform.

  • Russia welcomes bids of Egypt, Bangladesh to Join BRICS
    People walk past the BRICS Business Council sign prior to the 11th edition of the BRICS Summit, in Brasilia, Brazil on November 13, 2019 (AP)

Russia welcomes expressed desires by Egypt and Bangladesh to join the BRICS organization, the Russian Foreign Ministry told Sputnik.

On June 17, Russian Foreign Minister Sergey Lavrov revealed in an interview for RT that the BRICS nations had initiated efforts to align their positions on accepting new members into the group of emerging economies. 

The two countries submitted bids to join the rising global organization in the past week, becoming the latest applicants in a list of over 10 countries that are under review by BRICS main members comprising Brazil, Russia, India, China, and South Africa.

"We welcome the interest expressed by Bangladesh, Egypt, and a number of other countries in increasing cooperation with the BRICS," the Ministry said.

Both countries have already taken part in several BRICS events, including the latest foreign ministers summit in South Africa's Cape Town earlier this month, the ministry added. They are also among the shareholders of the New Development Bank, it continued.

According to the Foreign Ministry, it is confident that "the association would benefit from strengthening cooperation with developing countries, many of which have explicitly stated their desire to do so."

Related News

Macron tries to 'consolidate' with Bangladesh, fend off 'imperialism'

Bangladesh police clash with anti-government protesters in Dhaka

Egypt has participated in expanded talks within the bloc referred to as "friends of BRICS," which also comprises Argentina, Bangladesh, Gabon, the Democratic Republic of Congo, Indonesia, Iran, Kazakhstan, Comoros, Cuba, the UAE, and Saudi Arabia.

In response to a question about other countries joining the platform, the Ministry said, "It was premature to talk about specific candidates before all the modalities of this process are agreed."

"In this context, we welcome the willingness of the South African presidency to make progress on the topic of enlargement in the nearest future. We are confident that this issue will attract special attention during the upcoming BRICS summit this year."

Together, the BRICS nations contribute to approximately a quarter of the global gross domestic product, 18% of global trade in goods, and account for over 40% of the world's population.

Apart from the aforementioned candidates, Argentina, Iran, Indonesia, Turkey, and Honduras have also expressed interest in joining the BRICS bloc of developing economies. 

Moreover, Syrian Finance Minister Kanaan Yaghi revealed that Damascus intends to apply to join the alliance, as well as the Shanghai Cooperation Organization SCO.

BRICS countries are de-dollarizing trade, as China and Brazil struck a deal in March to ditch the US dollar in their bilateral transactions, which is expected to reduce investment costs and develop economic ties between the two countries.

  • bangladesh
  • BRICS
  • Egypt
  • Russia
  • China

Most Read

Ukrainian soldiers ride an APC on the front line near Bakhmut, in the Donetsk region, on June 5, 2023 (AP)

US sees Ukrainian army demoralized, no chance to win: Seymour Hersh

  • Europe
  • 21 Sep 2023
Russia destroyed leopard tank in Ukraine with fully-German crew

Russia destroyed leopard tank in Ukraine with fully-German crew

  • Europe
  • 23 Sep 2023
Blinken’s ‘Variable Geometry’ for a New Cold War

Blinken’s ‘Variable Geometry’ for a New Cold War

  • Analysis
  • 24 Sep 2023
British mercenary in Ukraine killed by another Brit

British mercenary in Ukraine killed by another Brit

  • Europe
  • 18 Sep 2023

Coverage

All
Morocco & Libya Disasters

Read Next

All
1982 Beirut welcomes invaders with 3 bullets and a cup of coffee
MENA

1982 Beirut welcomes invaders with 3 bullets and a cup of coffee

The effects of the Israeli occupation forces' raid on an office affiliated with the Student Council of Birzeit University were reported on September 24, 2023. by Palestinian media.
Palestine

IOF start arrest campaign targeting Birzeit University Student Council

French Barkhane Air Force mechanics maintain a Mirage 2000 on the Niamey, Niger base on June 5, 2021 (AP Photo/Jerome Delay, File)
Africa

France to withdraw ambassador and troops from Niger: Macron

This picture released by the official website of the Iranian Defense Ministry on Thursday, Aug. 20, 2020, shows the "Martyr Hajj Qassem" missile in an undisclosed location in Iran (Iranian Defense Ministry via AP)
Politics

Iran possesses missiles designed to target 'Israel'

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

  • Privacy Policy
  • About Us
  • Contact Us
  • Authors
Android
iOS