Malaysia bids to join BRICS alliance


Anwar conveys interest to Brazilian president and ‘will go through the process’

BUKIT MERTAJAM: Malaysia will seek to join the BRICS (Brazil, Russia, India, China and South Africa) intergovernmental organisation, says Datuk Seri Anwar Ibrahim.

The Prime Minister said he had conveyed Malaysia’s wishes to Brazil’s President Luiz Inacio Lula da Silva.

“We (Malaysia) will go through the process to enable the country to join the organisation. For the past two months, the Foreign Ministry has conducted a study on our policy before deciding to join BRICS.

“I have spoken to the President of Brazil about our wish,” he said after attending a gathering for local residents in Mengkuang Semarah here yesterday.

Anwar was earlier quoted as saying that Malaysia would begin the formal procedures to join BRICS.

In an interview with Shanghai-based news site Guancha, Anwar said Malaysia was now awaiting the final decision and feedback from the South African government.

On the ground: Anwar getting friendly with the children who attended the qurban ceremony with the Prime Minister at Masjid Jamek Cerok Tokun Bawah in Bukit Mertajam, Penang. — BernamaOn the ground: Anwar getting friendly with the children who attended the qurban ceremony with the Prime Minister at Masjid Jamek Cerok Tokun Bawah in Bukit Mertajam, Penang. — Bernama

BRICS was originally founded as BRIC, with the four original members being Brazil, Russia, India and China. It held its first summit in Yekaterinburg, Russia, in 2009.It was renamed BRICS when South Africa joined in 2010.

The group now comprises Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, the United Arab Emirates and Saudi Arabia.

Together, they make up about 30% of the world’s land surface and 45% of the global population.

The grouping, originally set up to highlight investment opportunities, has evolved into a geopolitical bloc where members meet annually at formal summits.

In July 2014, BRICS created a US$100bil (RM471bil) New Development Bank with a currency pool worth over another US$100bil.

Since 2012, it has been planning an optical fibre submarine communications cable system, known as the BRICS Cable.

During the summit in 2023, BRICS members committed to studying the feasibility of a new common currency.

To date, 15 summits have been held with Russia scheduled to hold the next one in Kazan, Russia, in October.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Malaysia, Vietnam elevate bilateral relations to comprehensive strategic partnership
Vehicles in viral video given summonses for parking too close to bus stop, Ipoh cops say
Eight people in single car die in collision with 4WD in Sibu
Company director loses RM34,000 in scam to supply non-existent Agriculture Department order
Girl among three killed, baby hurt after family of four on motorcycle crash into lorry
Water levels at three major Kelantan rivers surpass alert levels
Scheduled water cuts to seven Penang Island areas Nov 28-29
Kyiv accuses Russia of launching intercontinental ballistic missile attack
Firemen rescue 40 people trapped by water surge in Kelantan
Female engineer charged in court for using position to award tender

Others Also Read