BEIJING, June 19 — Malaysia will soon commence formal proceedings to join BRICS, Prime Minister Datuk Seri Anwar Ibrahim announced yesterday. During an interview with Li Shimo, the founder of Chinese news outlet Guancha, Anwar stated, “We have already explained our policy and made our decision. We will start formal proceedings soon,” according to Sputniknews.
BRICS, established in 2009 as a cooperation platform for the largest emerging economies, initially united Brazil, Russia, India, and China. South Africa joined the group in 2010. Recently, the bloc expanded to include Egypt, Ethiopia, Iran, and the UAE. Russia currently holds the rotating presidency of BRICS, which aims to strengthen economic ties and cooperation among member nations.
