Rio de janeiro: Malaysian Prime Minister Anwar Ibrahim has called for an increase in intra-BRICS trade and urged the group to become a principled force grounded in equity, mutual respect, and a shared commitment to shaping a more balanced and just international order.
According to Emirates News Agency, Anwar criticized unilateral tariff measures and protectionist policies, expressing confidence in BRICS, which currently represents nearly 40% of the global economy, as holding vast potential to enhance trade within its informal grouping. He emphasized the group’s collective strength in engaging the world safely, fairly, and justly, negotiating on equal terms with all partners in the multilateral system.
Anwar further highlighted the necessity for reform in key international institutions. He called for the transformation of global governance structures, including the United Nations, the World Trade Organisation, the International Monetary Fund (IMF), and the World Bank, towards a more democratic and just multilateral order. His remarks were made at the BRICS Business Forum titled ‘Bridging Continents, Building Future: A Shared Agenda for Sustainable Progress’ in Rio De Janeiro, Brazil.
The forum was attended by Brazilian President Luiz In¡cio Lula da Silva, Vice President Geraldo Alckmin, and President of the Brazilian Confederation of National Industry (CNI) Ricardo Alban. Anwar arrived earlier to participate in the 17th BRICS Leaders’ Summit hosted by Brazil from July 6 to 7, following an invitation from President Lula.