Indonesia is now the official 10th member of BRICS, sparking conversations about its geopolitical implications.
As ASEAN’s largest economy, Indonesia’s decision signals a pivot toward a bloc advocating multipolarity and strengthening ties with the Global South. BRICS has expanded its membership to include countries such as Egypt, Iran, the UAE, Ethiopia, and now Indonesia. The bloc aspires to counterbalance the Western-dominated G7 and reduce reliance on the US dollar in global trade. By joining, Indonesia seeks to amplify its global voice while maintaining its traditionally non-aligned foreign policy.
What about Malaysia?
Malaysia, on the other hand, expressed interest in joining BRICS last year and was recently granted partner membership. However, with its economy closely tied to both Western markets and China, the decision is far from straightforward. Aligning with BRICS could enhance Malaysia’s influence in shaping global policies and open avenues for collaboration in technology, energy, and trade. At the same time, the United States remains one of Malaysia’s top foreign investors, presenting a delicate balancing act.
Challenges Ahead
Recently, upcoming U.S. President Donald Trump threatened a 100% tariff on BRICS countries if they pursue creating a new currency to counter the US dollar. Additionally, BRICS includes Russia, a country facing widespread sanctions, which could complicate Malaysia’s relationships with key Western partners like the United States and the European Union. Notably, Malaysian Prime Minister Anwar Ibrahim visited Vladivostok, Russia, last year for the Eastern Economic Forum, and reiterated Malaysia’s interest to join BRICS.
Still, Malaysia has shown interest in exploring new global frameworks. Its advocacy for a multipolar world order aligns with BRICS’ vision of strengthening ties with the Global South. Membership might also position Malaysia as a regional leader, driving ASEAN’s collective interests on the global stage. In 2025, Malaysia will assume ASEAN’s chairmanship, a pivotal role as the region navigates geopolitical uncertainties.
Final Verdict
The key question is, do the potential benefits of joining BRICS outweigh the geopolitical risks? Should Malaysia proceed cautiously, preserving its non-aligned stance, or seize this opportunity to reshape its global narrative? As Indonesia secures its place in BRICS, Malaysia must carefully deliberate. Joining BRICS is not just about economic alignment, it is about redefining Malaysia’s role in an increasingly fragmented world order.
The decision will undoubtedly shape Malaysia’s regional and global influence for decades to come. What do you think?
Source: DW, Al Jazeera, CNN, MIDA, the Star
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