Thursday, September 05, 2024

In another step towards BRICS, Anwar says Malaysia willl attend October summit in Russia





In another step towards BRICS, Anwar says Malaysia willl attend October summit in Russia




Prime Minister Datuk Seri Anwar Ibrahim speaks during a bilateral meeting with Russian President Vladimir Putin (not pictured) in Vladivostok, on September 4, 2024. — Bernama pic

Thursday, 05 Sep 2024 9:29 AM MYT



KUALA LUMPUR, Sept 5 — Malaysia has accepted Russia’s invitation to participate in the forthcoming BRICS Summit in Kazan, Russia, on Oct 22-24, 2024, says Prime Minister Datuk Seri Anwar Ibrahim.

He said the invitation, extended by President Vladimir Putin himself during their working dinner, is a clear testament to Malaysia’s significance to Russia.


“This marks a significant step towards our ultimate goal of joining the group,” he said in his social media post yesterday on his two-day visit to Russia to attend the 9th Eastern Economic Forum (EEF).

BRICS is an intergovernmental organisation comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates.


The prime minister is scheduled to address the plenary session of the EEF today.


Anwar said that during the discussion, both he and Putin expressed their shared commitment to strengthening ties between Malaysia and Russia.

“As Malaysia continues to expand its geo economic space and diversify its strategic relationships, Russia will be a key partner that shares our vision for growth, prosperity, and development,” he said.

From Islamic finance to agriculture to education, the Prime Minister said the potential for Malaysia and Russia to leverage their expertise for the mutual benefit of their peoples is immense.

“As we build on the commitments and shared vision discussed during this visit, I am optimistic that the foundations laid today will lead to meaningful cooperation between Russia and Malaysia in the years to come,” he added. — Bernama

3 comments:

  1. The victims murdered on MH17 ignored and forgotten.

    ReplyDelete
  2. Doing business in Malaysia with Russia - buying /selling paying /being paid is still exceedingly messy , costly (added 3rd party "handling fees"), and risky ( relying on dubious intermediaries ).

    There is still standing Bank Negara advisory to all importers and exporters that businesses are themselves responsible for ensuring they do not run afoul of US Dollar restrictions

    No major Malaysian commercial bank will touch Russai wire transfers, Letters of Credit, etc.
    All of them have significant US Dollar correspondent banking services that they cannot afford to risk. .

    ReplyDelete
    Replies
    1. Wakakakaka… wait lah.

      The end of US$ dominated SWIFT is coming to an end.

      Delete