IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL5.58▼ 0.05% USD/MXN18.61▼ 0.09% USD/CLP985.03▲ 0.08% USD/COP3,299▲ 0.75% USD/PEN3.42▲ 0.26% USD/ARS1,545▼ 0.03% USD/UYU40.43▲ 3.48% USD/PYG6,196▲ 2.20% USD/BOB11.68▲ 1.36% USD/DOP60.46▲ 2.41% USD/CRC445.62▲ 1.58% USD/GTQ7.64▲ 3.18% USD/HNL26.89▲ 0.13% USD/NIO36.62▲ 1.17% USD/VES899.36▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.69▲ 2.46% USD/TTD6.72▲ 2.30% EUR/BRL6.22▲ 0.74% BRENT 92.81 ▲ 1.44% WTI 86.67 ▲ 0.73% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.41% GOLD 4,063 ▲ 0.80% SILVER 53.00 ▲ 3.72% SOY 1,224 ▼ 0.06% CORN 446.25 ▼ 0.61% WHEAT 596.50 ▲ 0.63% COFFEE 263.55 ▼ 2.89% SUGAR 18.15 ▲ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,839 ▲ 2.05% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45% IBOV 171,336.99 ▼ 0.52% IPC MEX 71,905.78 ▲ 0.05% MERVAL 2,848,945 — — USD/BRL 5.58 ▼ 0.05% USD/MXN 18.60 ▼ 0.15% USD/CLP 984.18 ▼ 0.00% USD/COP 3,299 ▲ 0.75% USD/PEN 3.42 ▲ 0.26% USD/ARS 1,545 ▼ 0.03% USD/UYU 40.43 ▲ 3.48% USD/PYG 6,196 ▲ 2.20% USD/BOB 11.68 ▲ 0.19% USD/DOP 60.46 ▲ 0.10% USD/CRC 445.62 ▲ 1.58% USD/GTQ 7.64 ▲ 3.18% USD/HNL 26.89 ▲ 0.13% USD/NIO 36.62 ▲ 1.17% USD/VES 899.36 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.69 ▲ 2.46% USD/TTD 6.72 ▲ 2.30% EUR/BRL 6.22 ▲ 0.74% BRENT 92.81 ▲ 1.44% WTI 86.67 ▲ 0.73% IRON ORE 161.91 — — COPPER 6.31 ▲ 1.41% GOLD 4,063 ▲ 0.80% SILVER 53.00 ▲ 3.72% SOY 1,224 ▼ 0.06% CORN 446.25 ▼ 0.61% WHEAT 596.50 ▲ 0.63% COFFEE 263.55 ▼ 2.89% SUGAR 18.15 ▲ 0.33% ORANGE JUICE 146.15 ▲ 5.64% COTTON 82.59 ▲ 4.96% COCOA 4,839 ▲ 2.05% BEEF 219.15 ▲ 1.36% CATTLE 330.48 ▲ 0.65% LITHIUM 59.98 ▼ 2.23% PETR4 44.95 ▼ 0.53% VALE3 64.80 ▼ 1.98% ITUB4 41.20 ▼ 1.25% BBDC4 14.54 ▼ 0.95% ABEV3 15.79 ▲ 1.15% BBAS3 17.10 ▲ 0.47% B3SA3 14.48 ▼ 2.49% WEGE3 50.95 ▲ 0.41% PRIO3 60.02 ▲ 1.06% SUZB3 54.46 ▲ 0.48% RENT3 29.79 ▼ 3.37% AZZA3 14.73 ▼ 2.58% CSAN3 2.68 ▼ 3.25% RAIZ4 0.30 ▼ 98.77% PCAR3 2.56 ▲ 5.35% GMAT3 3.81 ▼ 0.52% PSSA3 46.67 ▲ 2.23% CVCB3 0.86 ▼ 1.15% POSI3 3.15 ▲ 3.96% SLCE3 17.09 ▼ 1.21% NATU3 5.55 ▼ 2.80% BRKM5 2.92 ▼ 3.31% RANI3 8.45 ▼ 3.54% CSNA3 4.38 ▼ 2.45%
since 2009
Wednesday, November 11, 2026

Malaysia Targets BRICS Membership, Courts India and China in Strategic Pivot

By · · 2 min read

As Malaysian Prime Minister Anwar Ibrahim embarks on his first visit to India since assuming office, the journey marks a significant step in revitalizing the Malaysia-India partnership with high economic and strategic stakes.

Starting today, Anwar, accompanied by his delegation, will engage in comprehensive discussions with Indian Prime Minister Narendra Modi. They will focus on strengthening trade and strategic defense ties amid a rapidly changing global landscape.

This visit is particularly crucial as Malaysia seeks India’s support for its BRICS membership application, aiming to mitigate risks arising from US-China trade tensions.

Free daily brief — no card needed
Get every China story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Membership in BRICS, which represents major global economies, could offer Malaysia new trade and investment opportunities. This is essential as global economic dynamics continue to evolve.

Bilateral trade between the two nations has been robust, totaling around $20 billion last year. Significant exchanges included Malaysian palm oil and Indian rice.

Malaysia Targets BRICS Membership, Courts India and China in Strategic Pivot
Malaysia Targets BRICS Membership, Courts India and China in Strategic Pivot.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

Facing domestic shortages, Malaysia is increasingly reliant on India for rice, having requested an additional 500,000 metric tons this year.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Petrobras to pay shareholders US$2.7 billion”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

Strategically, the visit underscores more than economic interests; it is a move to balance China’s growing influence in the region.

The discussions are set to deepen defense cooperation, building on a relationship established by a 1993 agreement and focusing now more than ever on regional security and stability.

Anwar’s ongoing trip to India signifies a strategic recalibration of Malaysia-India relations. The aim is to enhance economic ties and position both nations more favorably in a complex geopolitical arena.

Background

As Malaysia prepares for its 2025 ASEAN chairmanship role, its diplomatic remarks suggest a shift toward China in South China Sea policies. This change prompts crucial questions about ASEAN’s unity and Southeast Asia’s power balance.

At the 57th ASEAN Foreign Ministers’ Meeting in Laos, Malaysian Foreign Minister Mohamad Hasan emphasized the importance of respecting international maritime law.

In short, this approach aims to reduce external influences. He urged ASEAN countries to resolve territorial disputes through dialogue.

He subtly referenced tensions arising from external military collaborations, particularly between the Philippines and nations such as the U.S., Japan, and Australia.

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.