Russia: Indonesia, Malaysia and Thailand are new partners in BRICS

Russian Deputy Foreign Minister Alexander Pankin revealed that Indonesia, Malaysia and Thailand have become partners in the BRICS bloc.

Pankin explained during a joint meeting of foreign and trade ministers of APEC member states that the BRICS summit held in Kazan "demonstrated the desire of the global majority to create a fair world order, with a focus on reforming international institutions and strengthening equal economic relations."

He also pointed out that "the summit resulted in a set of important agreements in the fields of trade, investment, artificial intelligence, energy, climate and logistics."

Pankin pointed out that "the share of the economies of the Asia-Pacific region in Russia's foreign trade has reached 70%, while about 90% of payments are made in national currencies."

In a related context, the Russian Deputy Foreign Minister confirmed that his country continues to secure stable supplies of energy resources to the APEC countries.

It is noteworthy that the BRICS summit, which was held in Kazan between October 22 and 24, was attended by the heads of state of the group.