KUALA LUMPUR: The Malaysian government hopes that the country’s recent recognition as a BRICS partner will contribute to economic growth and export expansion over the long term, says Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz.
He highlighted Malaysia’s potential to play a key role in strengthening the global supply chain, particularly in critical sectors such as semiconductor and other strategic industries.
“We have gained the trust of BRICS members in the country’s leadership.
“BRICS countries currently account for approximately 26% of the world’s gross domestic product, nearly matching the economic strength of the Group of Seven,” he told Bernama.
He also emphasised Malaysia’s clear stance of not exploiting international trade conflicts.
“Malaysia has always adhered to the policy of non-alignment with any major economic power in handling international issues, including the trade war involving the United States, China, and Russia. “Malaysia, as an open trading nation, always believes in the open-economy approach and having friendly policies.
