Malaysia's Bid for BRICS Membership is Right Thing to Do, Head of National News Agency Says

Kuala Lumpur, Malaysia - Sputnik Africa, 1920, 24.06.2024
Earlier, Malaysian Prime Minister Anwar Ibrahim said the country would soon begin formal procedures to join BRICS.
Malaysia's bid for BRICS membership is the right thing to do, given the changing global landscape and Malaysia's upcoming chairmanship of ASEAN, head of the country's national news agency Bernama, Datuk Seri Wong Chun Wai, said.
He added that joining BRICS would certainly expand markets and potentially help reduce over-reliance on the US dollar for trade settlements using local currencies.
In this March 9, 2018, file photo, an aerial view of Riyadh city is seen from Mamlaka tower, a 99-story skyscraper, in Riyadh, Saudi Arabia. - Sputnik Africa, 1920, 20.06.2024
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The Bernama head highlighted that Malaysia recalls that China has been its largest trading partner for the past 40 years. Kuala Lumpur has repeatedly stated that it will not take sides in the rivalry between the US and China, he noted.
According to him, Malaysia should still be on the waiting list to join BRICS; however, given Malaysia's credentials and the credentials of Anwar Ibrahim, the country will certainly be treated with much attention.
Last week, the Malaysian prime minister said formal proceedings for Malaysia's accession to BRICS would soon begin.