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BRICS: Indonesia Officially Joins as Full Member

  • 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 2024.
  • The Brazilian government welcomes Indonesia's entry into the BRICS, stating that with the largest population and economy in Southeast Asia, Indonesia shares a commitment to reforming global governance institutions.
  • Indonesia views its membership in BRICS as a strategic step to increase collaboration with other developing countries, based on equality, mutual respect, and sustainable development.
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