According to reports in the national press, Malaysian Prime Minister Anwar made important statements about his country’s participation in BRICS (Brazil, Russia, India, China and South Africa) in his speech at the Malaysian Parliament.
Enver stated that Malaysia is in the process of joining BRICS as a “partner country.” Enver stated that they can take this step thanks to their strong relations with member countries, and that the application process may take time.
Emphasizing that Malaysia’s participation in BRICS is in line with the country’s foreign policies, Enver stated that he believes this step will strengthen economic resilience by increasing trade and exports.
Enver pointed out that economic power is no longer in the hands of the United States alone and that the total population of the BRICS has reached 3.54 billion, representing 45 percent of the world’s population.
Enver said that BRICS could contribute to the Malaysian economy in the long term and underlined that being in the group would have positive effects on the country’s economic growth.
General Information About BRICS
BRICS is a multinational structure consisting of Brazil, Russia, India, China and South Africa. Expanded with the participation of South Africa in 2010, BRICS was also joined this year by Egypt, Ethiopia, Iran and the United Arab Emirates.
BRICS, with 30 more countries set to join, has an important position in the global economy. The group aims to make the voices of developing countries heard more on international platforms.
BRICS, which is focused on economy, is on its way to creating an alternative power to the Western-centered economic order.
