By The Straits Times | Created at 2025-01-06 17:11:29 | Updated at 2025-01-08 01:46:54
1 day ago
SAO PAULO - Brazil's government said in a statement on Jan 6 that Indonesia is formally joining Brics as a full member, further expanding the group of major emerging economies that also includes Russia, India, China and South Africa.
Indonesia, the world's fourth most-populous nation, had previously expressed its desire to join the group as a means of strengthening emerging countries and furthering the interests of the so-called Global South.
Brazil, which holds the bloc's presidency in 2025, said the member states approved Indonesia's entry by consensus as part of an expansion push initially approved at the bloc's 2023 summit in South Africa.
The South American nation noted that Indonesia's bid got the green light from the bloc in 2023 but the Asian country asked to join following the presidential election held in 2024. President Prabowo Subianto took office in October.
"Indonesia shares with the other members of the group support for the reform of global governance institutions, and contributes positively to the deepening of cooperation in the Global South," the Brazilian government said.
The Brics group also includes Egypt, Ethiopia, Iran and the United Arab Emirates. REUTERS
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