SAO PAULO: Brazil’s authorities mentioned in a press release on Monday (Jan 6) that Indonesia is formally becoming a member of BRICS as a full member, additional increasing the group of main rising economies that additionally consists of Russia, India, China and South Africa.
Indonesia, the world’s fourth most-populous nation, had beforehand expressed its want to hitch the group as a way of strengthening rising international locations and furthering the pursuits of the so-called World South.
Brazil, which holds the bloc’s presidency in 2025, mentioned the member states authorized Indonesia’s entry by consensus as a part of an growth push initially authorized on the bloc’s 2023 summit in Johannesburg.
The South American nation famous that Indonesia’s bid received the inexperienced gentle from the bloc in 2023 however the Asian nation requested to hitch following the presidential election held final yr. President Prabowo Subianto took workplace in October.
“Indonesia shares with the opposite members of the group help for the reform of world governance establishments, and contributes positively to the deepening of cooperation within the World South,” the Brazilian authorities mentioned.
The BRICS group additionally consists of Egypt, Ethiopia, Iran and the United Arab Emirates.