SOE Minister Erick Thohir says Indonesia's admission as a full member of BRICS could benefit Indonesia's trade with countries in the southern part.
The move, championed by Prabowo, reflects a bid to elevate Indonesia’s global standing – but could complicate ties with the US under Trump.
Brazil has announced that Indonesia has been admitted as a full member of BRICS, the bloc of developing economies. Brazil holds the group’s presidency for 2025.
Indonesia has become the newest member of the BRICS group of developing nations, in a move that could further bolster the Global South as Donald Trump’s trade policies pose risks to world economy.
The decision to apply for membership reflects President Prabowo Subianto’s more proactive approach to foreign policy.
Brazil's government said in a statement on Monday that Indonesia is formally joining the BRICS group of major emerging economies as a full member. The South American country holds the bloc's presidency in 2025.
Holding the rotating presidency of BRICS, Brazil announced Monday that Indonesia has officially joined the international bloc. BRICS, a geopolitical alliance established in 2009, was originally composed of Brazil, Russia, India, China, and South Africa.
Indonesia on Monday officially joined the BRICS bloc of developing nations, marking a significant expansion of the group's global influence.
MOSCOW. Jan 9 (Interfax) - Russia welcomes Indonesia's accession to the BRICS association, which should enhance its global influence, the Russian Foreign Ministry said. "The Russian Federation welcomes the Republic of Indonesia's accession to BRICS as a full member starting January 1, 2025," the ministry said in a statement on Thursday.
People around the world see various factors as contributing to economic inequality in their country: Majorities in almost every country surveyed believe
Across 36 countries, a median of 54% say the gap between the rich and poor is a very big problem in their nation.