Indonesia is admitted to the BRICS bloc of developing nations
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[January 07, 2025] By
GABRIELA SÁ PESSOA
SAO PAULO (AP) — 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 2025. However, the world's fourth most populous nation
opted to formally join the bloc only after the formation of its newly
elected government last year.
“The Brazilian government welcomes Indonesia’s entry into the BRICS,”
the government said in a statement. “With the largest population and
economy in Southeast Asia, Indonesia shares with other members a
commitment to reforming global governance institutions and contributes
positively to deepening South-South cooperation.”
Indonesia’s Ministry of Foreign Affairs in a statement Tuesday said that
it reflects Indonesia’s increasingly active role in global issues, and
its commitment to strengthening multilateral cooperation.
“Indonesia views its membership in BRICS as a strategic step to increase
collaboration and cooperation with other developing countries, based on
the principles of equality, mutual respect, and sustainable
development,” said the statement.
BRICS was formed by Brazil, Russia, India and China in 2009, and South
Africa was added in 2010. Last year, the alliance expanded to embrace
Iran, Egypt, Ethiopia and the United Arab Emirates. Saudi Arabia has
been invited to join but has not yet done so.
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Staff worker stands behinds national flags of Brazil, Russia, China,
South Africa and India to tidy the flags ahead of a group photo
during the BRICS Summit at the Xiamen International Conference and
Exhibition Center in Xiamen, southeastern China's Fujian Province,
Monday, Sept. 4, 2017. (Wu Hong/Pool Photo via AP, File)
China, the world’s second largest
economy, “warmly welcomes and congratulates Indonesia” on joining
the bloc, Chinese Foreign Ministry spokesman Guo Jiakun said. He
described Indonesia as a “major developing country and an important
force in the Global South” that will “make a positive contribution
to the development of the BRICS mechanism.”
Turkey, Azerbaijan and Malaysia have formally applied to become
members and a few others have expressed interest.
The organization was created as a counterweight to the Group of
Seven, comprised of developed nations. Its name derives from an
economic term used in the early 2000s to describe rising countries
expected to dominate the global economy by 2050.
Before Indonesia’s membership, the bloc accounted for nearly 45% of
the world’s population and 35% of global gross domestic product,
measured using purchasing power parity.
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