Al Mayadeen English

  • Ar
  • Es
  • x
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
Russian Ministry of Defense: 37 Ukrainian drones destroyed in 4 hours over regions of Russia and the Black Sea.
Sheikh Qassem: Our supporters make up more than half of Lebanon's population, and all of these people are united under the banner of protecting Lebanon, its Resistance, its people, and its integrity.
Sheikh Qassem: There will be no phased handing in of our arms. [The Israelis] must first enact the agreement before we start talking about a defensive strategy.
Sheikh Qassem: Be brave in the face of foreign pressures, and we will be by your side in this stance.
Sheikh Qassem: Stripping us of our arms is like stripping us of our very soul, and this will prompt us to show them our might.
Sheikh Qassem: We will not abandon our arms, for they gave us dignity; we will not abandon our arms, for they protect us against our enemy.
Sheikh Qassem: The US efforts we are seeing are aimed at sabotaging Lebanon and constitute a call for sedition.
Sheikh Qassem: If you truly want to establish sovereignty and work for Lebanon’s interests, then stop the aggression.
Sheikh Qassem: The United States, which is meddling in Lebanon, is not trustworthy but rather poses a danger to it.
Sheikh Qassem: The United States is preventing the weapons that protect the homeland.

Syria to apply to join BRICS, SCO, says minister

  • By Al Mayadeen English
  • Source: Agencies
  • 15 Jun 2023 21:02
  • 4 Shares
3 Min Read

Syrian Finance Minister Kanaan Yaghi says Damascus intends to apply to join BRICS and the Shanghai Cooperation Organization.

  • x
  • Syrian President Bashar Assad heads a cabinet meeting, in Damascus, Syria, March 30, 2021 (Syrian Presidency Facebook page via AP)
    Syrian President Bashar Assad heads a cabinet meeting, in Damascus, Syria, March 30, 2021 (Syrian Presidency Facebook page via AP)

Syria intends to apply to join the BRICS alliance, the bloc comprising Brazil, Russia, India, China, and South Africa, as well as the Shanghai Cooperation Organization (SCO), Finance Minister Kanaan Yaghi said Thursday.

There are also plans to open a SberBank branch in Syria, Yaghi told Russian news agency Sputnik during an interview.

Wang Zhimin, the head of the China Research Institute of Modernization and Globalization, told Sputnik that 13 countries have expressed their desire to join the BRICS alliance.

"Everyone knows that the idea of ​​'BRICS+' was put forward to gradually increase dialogue and cooperation between BRICS countries, developing countries, and actively developing economies," Wang said.

The announcement comes after Egypt said Wednesday that it applied to join BRICS.

"Egypt has applied to join the BRICS group because one of the initiatives that BRICS is currently engaged in is the maximum transfer of trade to alternative currencies, whether national or the creation of some kind of joint currency," Russian Ambassador Georgy Borisenko said.

"Egypt is very interested in this," the Russian diplomat underlined as the bloc heads toward further expansion.

Related News

Syrian soldier wounded in SDF drone attack near Deir Ezzor

Syria welcomes US decision to lift sanctions, hosts US delegation

Egypt expressed its desire to develop trade and economic cooperation with Russia, the top diplomat said. There is a process of building "new mechanisms for mutual settlements in these trade operations."

This also comes after Argentina's Bank President Dilma Rousseff said her country could join the BRICS' New Development Bank (NDB) as early as August.

Rousseff relayed to Argentine Economy Minister Sergio Massa that a vote on Argentina's admission was formally authorized by the NDB's board of directors. 

The NDB was established in 2014 at the group's annual summit, and it aims to boost resources for infrastructure and sustainable development projects in BRICS and developing countries through loans, guarantees, and other financial tools. 

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

Put forward by Brazil, the proposal is due to be discussed at the upcoming meeting of the board of directors set to take place at the beginning of August in South Africa. 

After assuming the rotating BRICS presidency in January, South Africa will host the 15th BRICS summit from August 22 to 24. 

It was reported earlier that South Africa would provide foreign officials attending the BRICS summit hosted by the country in August with diplomatic immunity. 

Moreover, the foreign ministers of BRICS' founding member states said the bloc was open to new members in light of their aspirations for a greater say in international affairs.

  • Syria
  • BRICS
  • Egypt
  • Russia
  • Shanghai Cooperation Organization
  • China
  • SCO
  • BRICS bank

Most Read

Tom Artiom Alexandrovich, executive director of the defense division of the Israeli National Cyber Directorate, undated (Social media)

Israeli-born US prosecutor drops Israeli officer child sex crime

  • Politics
  • 19 Aug 2025
Almost instantly after the Helsinki Accords were signed, organisations sprouted to document purported violations, whose findings were fed to overseas embassies for international amplification. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

How ‘Human Rights’ became a Western weapon

  • Opinion
  • 23 Aug 2025
Israeli soldiers stand on the top of armoured vehicles parked on an area near the Israeli-Gaza border, as seen from southern Israel, Wednesday, Aug. 20, 2025 (AP)

Palestinian fighters target Israeli soldiers, vehicles in Gaza

  • Politics
  • 21 Aug 2025
Launch of a ballistic missile from Yemen toward the occupied Palestinian territories. (YAF military media)

Yemeni Forces announce firing hypersonic missile at Al-Lydd Airport

  • Politics
  • 22 Aug 2025

Coverage

All
The Ummah's Martyrs

Read Next

All
Israeli Prime Minister Benjamin Netanyahu speaks during a press conference at the Prime minister's office in al-Quds, Occupied Palestine, Sunday, Aug. 10, 2025 (AP)
Politics

Netanyahu deliberately derailing truce with Gaza occupation: Hamas

Irish President Michael Higgins arrives to deliver his speech during a 42nd World Food Day celebration at FAO headquarters in Rome, on Oct. 16, 2023. (AP Photo/Alessandra Tarantino)
Politics

Irish president renews call for UN military intervention in Gaza

US Ambassador to Turkey and Special Envoy to Syria Tom Barrack speaks during an interview with The Associated Press at the US Embassy in Aukar, northern suburb of Beirut, Lebanon, Monday, July 21, 2025 (AP)
Politics

US envoy, Netanyahu discuss restraining attacks on Lebanon, withdrawal

Smoke billows following Israeli airstrikes in multiple areas in Sanaa, Yemen, Sunday, Aug. 24, 2025 (AP)
Politics

Ansar Allah vow sustained Gaza support despite Israeli strikes

Al Mayadeen English

Al Mayadeen is an Arab Independent Media Satellite Channel.

All Rights Reserved

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