Malaysia Attracts $25 Billion in BRICS Investments
The trading volume between Malaysia and BRICS countries reached a staggering 818 billion ringgit in 2024 (equivalent to $195 billion). This accounts for over 35.2% of Malaysia’s overall total foreign trade turnover, according to the latest data from Bernama. Apart from the trading volume, investments from BRICS countries in Malaysia touched 105 billion ringgit (equivalent to $25 billion). The development helped Malaysia enter a larger section of the international markets by attracting additional investments and capital. Also Read: Canada Joining BRICS Boldly Confronts US Economic Power Play The investments come as Malaysia is now a BRICS Partner Country along with 11 other nations. The partner countries include Algeria, Belarus, Bolivia, Cuba, Kazakhstan, Nigeria, Thailand, Turkey, Uganda, Uzbekistan, and Vietnam. Also, Indonesia was a partner country but is now an official BRICS member and was inducted in 2025. “Although Malaysia is not yet a full member of BRICS, it is alr...