Trade with BRICS countries rose 20% to over RM480bil this year, Dewan Rakyat told

Malaysia’s trade with BRICS member countries rose 20% to RM481.02bil in the first half of the year, as the government seeks to diversify export markets, attract high-value investments and reduce reliance on traditional trading partners.

Deputy Foreign Minister Datuk Lukanisman Awang Sauni told the Dewan Rakyat on Thursday (Oct 29) that Malaysia’s participation as a BRICS partner country would open access to markets where it has no free trade agreements, while strengthening cooperation in strategic sectors such as semiconductors, AI, green technology, cybersecurity and renewable energy.

Read more at https://shorturl.at/1ayzS

WATCH MORE: https://thestartv.com/c/news
SUBSCRIBE: https://cutt.ly/TheStar
LIKE: https://fb.com/TheStarOnline