In a groundbreaking development, Indonesia has officially become a full-fledged member of the prestigious BRICS bloc, comprising major developing economies. This significant announcement was made by Brazil, the presiding country of the group, on a noteworthy Monday.
Indonesia’s journey to BRICS membership commenced when its candidacy was approved by BRICS leaders back in August 2023. However, the decision to formally join the bloc was only made following the establishment of its newly elected government the previous year. The Brazilian government, overseeing the BRICS for 2025, expressed its warm welcome to Indonesia’s integration, highlighting the nation’s enormous population and economy in Southeast Asia.
Here are some key points surrounding Indonesia’s admittance to BRICS:
- Indonesia’s Ministry of Foreign Affairs stressed that this move signifies the country’s heightened participation in global affairs and a renewed emphasis on strengthening multilateral cooperation.
- The official statement reiterated Indonesia’s strategic decision to join BRICS as a means to foster collaboration with other developing nations, rooted in values of equality, mutual respect, and sustainable development.
BRICS, initially comprised of Brazil, Russia, India, and China in 2009, expanded its membership to include South Africa in 2010. Last year saw the alliance grow further to encompass nations like Iran, Egypt, Ethiopia, and the United Arab Emirates. Despite an invitation, Saudi Arabia is yet to confirm its membership. On the other hand, countries like Turkey, Azerbaijan, and Malaysia have submitted formal applications, demonstrating a growing interest in joining the influential bloc.
The organization was established as a counterbalance to the Group of Seven, dominated by developed nations. Its title, BRICS, stems from a term coined in the early 2000s to describe emerging countries projected to be key players in the global economy by 2050. Prior to Indonesia’s inclusion, the bloc already accounted for a significant share of the world’s population and GDP.
In conclusion, Indonesia’s acceptance into BRICS represents a significant milestone in the nation’s global engagement, paving the way for enhanced cooperation and collaboration among developing countries. This development further underscores BRICS’ mission to reform global governance structures and deepen South-South partnerships. It will be intriguing to observe how Indonesia’s participation contributes to the collective efforts and objectives of the bloc in the years to come.
Leave feedback about this