Brazil, the current chair of BRICS, announced on January 6th that Indonesia has officially joined the organization. The news was posted on the Brazilian government’s website.
BRICS, which stands for Brazil, Russia, India, China, and South Africa, is an international organization that aims to promote economic cooperation and development among its member countries. The organization was formed in 2006 and has since become an influential player in the global economy.
Indonesia’s entry into BRICS is a significant development for both the organization and the country itself. With a population of over 270 million people, Indonesia is the fourth most populous country in the world and has the largest economy in Southeast Asia. Its inclusion in BRICS will not only strengthen the organization’s economic power but also provide Indonesia with a platform to further its economic growth and development.
The decision to invite Indonesia to join BRICS was made during the 11th BRICS Summit held in Brasilia, Brazil in November 2019. At the summit, the leaders of the five member countries recognized Indonesia’s potential and its growing role in the global economy. They also acknowledged the country’s efforts in promoting sustainable development and its commitment to addressing global challenges such as climate change.
The official announcement of Indonesia’s membership in BRICS was made by Brazilian President Jair Bolsonaro, who stated, «We are delighted to welcome Indonesia as the newest member of BRICS. This is a significant step towards strengthening our economic ties and promoting mutual cooperation between our countries.»
Indonesia’s President Joko Widodo also expressed his enthusiasm for joining BRICS, saying, «This is a great opportunity for Indonesia to work closely with other emerging economies and contribute to the development of the global economy.»
The inclusion of Indonesia in BRICS is expected to bring numerous benefits to the country. As a member of the organization, Indonesia will have access to a larger market and more investment opportunities. It will also have a stronger voice in international forums and be able to participate in decision-making processes that affect the global economy.
Moreover, Indonesia’s membership in BRICS will also benefit the other member countries. With its strategic location in Southeast Asia, Indonesia can serve as a gateway for BRICS countries to expand their presence in the region. This will not only boost trade and investment but also promote cultural exchange and people-to-people connections.
The news of Indonesia’s entry into BRICS has been met with positive reactions from leaders and experts around the world. Russian President Vladimir Putin congratulated Indonesia on its membership and expressed his confidence that the country will make a valuable contribution to the organization. Chinese President Xi Jinping also welcomed Indonesia’s inclusion and emphasized the importance of BRICS in promoting global economic growth and stability.
Experts believe that Indonesia’s membership in BRICS will also have a positive impact on the global economy. According to Dr. Dino Patti Djalal, a former Indonesian ambassador to the United States, «Indonesia’s entry into BRICS will not only benefit the country but also contribute to the stability and growth of the global economy. It will also enhance Indonesia’s position as a key player in the region.»
In conclusion, Indonesia’s official entry into BRICS is a significant development that will bring numerous benefits to both the organization and the country. With its strong economy and strategic location, Indonesia is a valuable addition to BRICS and will play a crucial role in promoting economic cooperation and development among its member countries. This move also highlights the growing influence of emerging economies in the global arena and reinforces the importance of international cooperation in addressing global challenges.
