Indonesia joins BRICS bloc as full member, Brazil says

SAO PAULO (Reuters) -Indonesia will formally be part of BRICS as a full member, Brazil’s authorities mentioned on Monday, additional increasing the group of main rising economies that additionally contains Russia, India, China and South Africa.

Indonesia’s international ministry mentioned in a press release on Tuesday that it welcomed the announcement and that “BRICS membership is a strategic strategy to improve collaboration and partnership with different growing nations.”

Indonesia, the world’s fourth most populous nation, had beforehand expressed its need to hitch the group as a way of strengthening rising international locations and furthering the pursuits of the so-called International South.

Brazil, which holds the bloc’s presidency in 2025, mentioned in a press release that member states accredited Indonesia’s entry by consensus as a part of an growth push initially endorsed on the 2023 BRICS summit in Johannesburg.

The South American nation famous that Jakarta’s bid obtained the inexperienced mild from the bloc in 2023 however the Southeast Asian nation requested to hitch following the presidential election held final 12 months. President Prabowo Subianto took workplace in October.

“Indonesia shares with the opposite members of the group assist for the reform of worldwide governance establishments, and contributes positively to the deepening of cooperation within the International South,” the Brazilian authorities mentioned.

The BRICS group additionally contains Egypt, Ethiopia, Iran and the United Arab Emirates.