Indonesia is admitted to the BRICS bloc of developing nations, Brazil announces

(FILES) Handout picture released by the Brazilian Presidency showing Brazil’s President Luiz Inacio Lula da Silva (L) posing for a picture with Indonesia’s President Prabowo Subianto before the launch of the Global Alliance against Hunger and Poverty and the first session of the G20 Leaders’ Meeting in Rio de Janeiro, Brazil, on November 18, 2024. Brazil on January 6, 2025, announced that Indonesia had become a full member of BRICS, a bloc of developing economies increasingly seen as a counterweight to the West. Brazil, which holds the rotating presidency of the grouping in 2025, said Indonesia’s bid to join the bloc had been approved during a summit in 2023 in Johannesburg. | Photo Credit: AFP

Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group’s presiding country Brazil announced Monday (January 6, 2024).

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. 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.”

BRICS was formed by Brazil, Russia, India and China in 2009, and added South Africa in 2010. Last year, the alliance expanded to embrace Iran, Egypt, Ethiopia and the United Arab Emirates. Saudia Arabia has been invited to join, but has not yet done so.

Turkey, Azerbaijan and Malaysia have formally applied to become members, and a few others have expressed interest.

Published – January 07, 2025 01:49 am IST