Indonesia is admitted to the BRICS bloc of developing nations
Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group’s presiding country, Brazil, announced Monday.
Indonesia’s candidacy was endorsed by BRICS leaders in August 2023, according to the foreign ministry of Brazil, which holds the group’s presidency for 2025. However, the world’s fourth most populous nation opted to formally join the bloc only after the formation of its newly elected government last year.
“The Brazilian government welcomes Indonesia’s entry into the BRICS,” the government said in a statement. “With the largest population and economy in Southeast Asia, Indonesia shares with other members a commitment to reforming global governance institutions and contributes positively to deepening South-South cooperation.”
Indonesia’s Ministry of Foreign Affairs in a written statement Tuesday said that it reflects Indonesia’s increasingly active role in global issues, and its commitment to strengthening multilateral cooperation.
“Indonesia views its membership in BRICS as a strategic step to increase collaboration and cooperation with other developing countries, based on the principles of equality, mutual respect, and sustainable development,” said the statement.
https://apnews.com/article/brazil-brics-indonesia-membership-c05b0c8e2ae493f9046479e62a45d8fa