AS Malaysia navigates its path to becoming a high-income nation and a competitive economy within Asean, joining BRICS (Brazil, Russia, India, China and South Africa) presents Malaysia with a unique opportunity to enhance its economic position within this influential political, trade and economic bloc.
BRICS, a coalition representing over 40% of the global population and contributing 25% of the world’s gross domestic product, has emerged as a significant force in international trade and governance. Membership in BRICS would grant Malaysia access to a vast and expanding market of over 3.5 billion people.
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