00:00Developing nations must no longer be seen as sidelined actors in the global system,
00:07said Prime Minister Datuk Seri Anwar Ibrahim at the BRICS Business Forum on Saturday.
00:12He said the global south has emerged with its own strengths in technology,
00:19trade, leadership and global values, making it a force to be reckoned with.
00:24Anwar added that BRICS has evolved beyond political rhetoric
00:27into a genuine coalition of political power, economic influence and civil society,
00:32united in the pursuit of a more fair and just global system.
00:35As ASEAN Chair, he said Malaysia shares this aspiration.
00:39He emphasized Southeast Asia's commitment to multilateralism,
00:42the strengthening of intra-ASEAN trade and the promotion of local currencies in cross-border transactions,
00:48a move towards a more stable and independent financial system.
00:51The Prime Minister also called for stronger strategic cooperation between BRICS and ASEAN,
00:55particularly in enhancing trade and investment with other developing nations.
00:59He urged bold reforms in major global institutions, including the United Nations,
01:04International Monetary Fund, World Bank and World Trade Organization,
01:08so they reflect current realities and the needs of the developing world.
01:11Looking ahead, he said the BRICS 2025 summit must not merely continue past initiatives,
01:17but serve as a launchpad for transformative change.
01:20It's all the mega money.
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