# What Motivates Malaysia and Thailand to Pursue BRICS Membership?

- Link: https://www.thailand-business-news.com/politics/157803-what-motivates-malaysia-and-thailand-to-pursue-brics-membership
- Published: 2024-08-23T10:50:00+07:00
- Author: Bahar Karaman

**BRICS has expanded from five to ten members, attracting interest from over 30 
nations. Malaysia and Thailand are aiming to join for economic benefits amidst global
power shifts, despite the bloc’s geopolitical challenges.**

BRICS, originally consisting of Brazil, Russia, India, China, and South Africa, 
is poised for further expansion, requiring a new name soon. In August, the group
welcomed Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE, marking its first additions
in 13 years. Over 30 nations have since expressed interest in joining, indicating
a growing desire to be part of this non-Western bloc.

ADVERTISEMENT

Countries like Malaysia and Thailand are actively seeking BRICS membership. Malaysian
Prime Minister Anwar Ibrahim has lobbied for support from key countries, envisioning
benefits like enhanced trade and investment. Meanwhile, Thailand aims to revitalize
its economy through potential BRICS participation amidst ongoing struggles in its
tourism sector.

Despite its ambitions, BRICS faces challenges, including internal tensions among
major members like China and India. The lack of formal trade agreements raises questions
about its effectiveness. However, for nations like Malaysia and Thailand, the potential
economic advantages may outweigh the risks, given BRICS’ flexible membership criteria.

### Related**Posts**

###  󠀁[Prime Minister Anutin Congratulates Nene Royal on ‘AGT’ Triumph](https://www.thailand-business-news.com/entertainment/331069-prime-minister-anutin-congratulates-nene-royal-on-agt-triumph)󠁿

###  󠀁[Thailand Emphasizes Maritime Boundary as a Key Focus in UNCLOS Talks](https://www.thailand-business-news.com/asean/cambodia/329235-thailand-emphasizes-maritime-boundary-as-a-key-focus-in-unclos-talks)󠁿

###  󠀁[BRICS leaders call for restraint as trade and energy security move to centre stage](https://www.thailand-business-news.com/politics/328422-brics-leaders-call-for-restraint-as-trade-and-energy-security-move-to-centre-stage)󠁿

###  󠀁[Anutin and Blair Talk About Thailand’s Economic Transformation](https://www.thailand-business-news.com/national/328673-anutin-and-blair-talk-about-thailands-economic-transformation)󠁿

**Source** : [Why do Malaysia and Thailand want to join BRICS?](https://fortune.com/asia/2024/08/21/why-do-malaysia-thailand-want-to-join-brics-hedge-china-russia-us/?rand=157030)
