Indonesia joins BRICS group of emerging economies, lauds development
Indonesia has formally joined the BRICS group, a bloc of emerging economies featuring Russia, China and others that is viewed as a counterweight to the West.
Brazil, which holds the rotating presidency of the group, declared that Indonesia is set to join as a full member.
Brazil’s foreign ministry had earlier said Indonesia shares with the other members the will to reform the institutions of global governance and contribute positively to cooperation within the Global South.
Meanwhile, Indonesia has reacted to the announcement, describing it as a welcome development.
The Ministry of Foreign Affairs in Jakarta said in a statement that BRICS membership is a strategic step to improve the collaborations and cooperation with other developing nations, based on the principle of equality, mutual respect, and sustainable development.
Brazil, which holds the rotating presidency of the group, declared that Indonesia is set to join as a full member.
Brazil’s foreign ministry had earlier said Indonesia shares with the other members the will to reform the institutions of global governance and contribute positively to cooperation within the Global South.
Meanwhile, Indonesia has reacted to the announcement, describing it as a welcome development.
The Ministry of Foreign Affairs in Jakarta said in a statement that BRICS membership is a strategic step to improve the collaborations and cooperation with other developing nations, based on the principle of equality, mutual respect, and sustainable development.
