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Malaysia applies to join BRICS


Malaysia has sent an application to join the BRICS trade bloc, its premier Anwar Ibrahim said this week. 

"Malaysia has sent a letter of application to join the (BRICS) organisation to Russia as the BRICS chairman, besides expressing openness to participate as a member country or strategic partner," Malaysia’s state news agency Bernama said, quoting Anwar Ibrahim, the country’s prime minister. 

The original BRICS cohort comprising Brazil, Russia, India and China was established in 2009, with South Africa joining a year later. The bloc has gained substantial sway with the accession of countries such as Iran, Egypt, Ethiopia, the UAE and Saudi Arabia earlier this year. It accounts for one-fifth of global trade and represents approximately 40% of the world’s population. 

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