MALAYSIA: Malaysia is positioning its BRICS companion standing as a automobile for deepening commerce and funding hyperlinks with main rising economies, with India, its largest buying and selling companion in Asia, serving as a flagship instance of the bilateral financial relationships the nation is searching for to develop, based on remarks by Malaysia’s Chargé d’Affaires and Deputy Excessive Commissioner Sharifah Ezneeda Wafa.
In keeping with The New Straits Occasions (NST), bilateral funding between Malaysia and India reached US$5.6 billion in 2025, involving Malaysian firms together with Petronas unit Gentari, UMW Group, and Salcon Bhd. Indian firms, in the meantime, had 293 accepted manufacturing tasks in Malaysia value US$2.95 billion as of June 2026, with the tasks anticipated to create 28,455 jobs, Sharifah advised reporters at a press convention.
Commerce figures: Exports up, imports down
Malaysia’s whole commerce with India fell 5% to RM79.33 billion in 2025 from RM83.5 billion in 2024, largely as a consequence of a pointy decline in imports. Malaysian exports to India edged up 0.4% to RM52.35 billion, supported by a surge in non-metallic mineral product exports which rose RM1.20 billion or 189.1% year-on-year.
Imports from India fell 14% to RM26.98 billion, primarily pushed by a RM4.23 billion or 43.8% decline in petroleum product imports. The end result was a commerce surplus of RM25.37 billion for Malaysia, reinforcing its place as a web exporter within the bilateral relationship.
Cooperation between the 2 international locations spans meals safety, transportation, the digital financial system, defence, greater schooling, renewable power, and workforce administration.
BRICS as a platform for rising market engagement
In keeping with NST, Sharifah Ezneeda stated Malaysia’s participation in BRICS would prolong its financial and diplomatic attain into main rising markets, offering alternatives to increase commerce and funding whereas strengthening cooperation in expertise, power, meals safety, and digital transformation. Malaysia is at the moment a BRICS companion nation and is working towards full membership.
Prime Minister Datuk Seri Anwar Ibrahim is anticipated to deal with the 18th BRICS Leaders’ Summit, delivering Malaysia’s Nationwide Assertion titled “Shaping the Future for Inclusive World Development.”
The BRICS grouping represents a mixed market of three.88 billion folks and a GDP of US$29.85 trillion, equal to 27.1% of worldwide GDP. Sharifah Ezneeda stated Malaysia’s BRICS participation enhances its engagement in multilateral platforms together with ASEAN, the United Nations, and the Organisation of Islamic Cooperation, whereas broadening its diplomatic and financial networks with main rising economies.
