Malaysia's BRICS partner status will boost rubber exports to Russia
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Malaysia recognized as a BRICS partner country; expected to enhance rubber exports to Russia; direct payments in ringgit enabled; previously, exports were routed through China; statement by Datuk Seri Mohamad Suparadi Md Noor; Prime Minister Datuk Seri Anwar Ibrahim's visit to Russia facilitated this recognition; Malaysia joins 12 other partner countries; BRICS accounts for 20% of global trade; BRICS includes Brazil, India, China, and others; established in 2009; BRICS represents 40% of global population and 26.2% of global GDP.

#Brics #Malaysia #RubberExports #Russia #Trade #Economy #AnwarIbrahim #MohamadSuparadiMdNoor #GlobalTrade #Partnership

https://www.nst.com.my/news/nation/2024/10/1126112/malaysias-brics-partner-status-will-boost-rubber-exports%C2%A0%C2%A0russia