On January 6, Brazil, the current chair of BRICS (an economic alliance between Brazil, Russia, India, China, and South Africa), announced that Indonesia has officially joined the organization. The news was posted on the website of the Brazilian government, solidifying Indonesia’s position as the newest member of this influential group.
The addition of Indonesia to BRICS is a significant development for both the organization and the country. With a population of over 270 million people and a rapidly growing economy, Indonesia is poised to become a major player on the global stage. As the largest economy in Southeast Asia, it is also the only member of BRICS from this region, further diversifying the group’s representation and potential impact.
The decision to join BRICS was highly anticipated by both Indonesia and the other member countries. Discussions about Indonesia’s membership began in 2015, and after careful consideration, the country officially applied in 2020. Now, after a thorough evaluation process, Indonesia has been welcomed into the organization with open arms.
The benefits of joining BRICS are plentiful for Indonesia. As a member, the country will have access to a wide range of resources, including financial support, trade agreements, and technological advancements. Additionally, BRICS provides a platform for cooperation and collaboration between member countries, allowing for the sharing of knowledge and ideas to drive economic growth and development.
For BRICS, Indonesia’s membership strengthens the organization’s reach and influence. With the addition of Indonesia, BRICS now represents over 40% of the world’s population and a combined GDP of over $18 trillion. This growth in numbers solidifies BRICS’ position as a major force in the global economy and puts the organization in a better position to address important issues such as trade, investment, and development.
The official entry of Indonesia into BRICS also marks a new chapter in the relationship between the two countries. Brazil and Indonesia have a long history of strong diplomatic ties, dating back to 1952. With this new partnership within BRICS, this relationship is set to grow even stronger, with increased opportunities for trade and collaboration.
In addition to the economic benefits, Indonesia’s membership in BRICS also holds great symbolic significance. This marks the first time that a Muslim-majority country has joined the organization, showcasing the diversity and inclusivity that BRICS represents. It also reflects Indonesia’s growing role as a regional and global leader, and its efforts to play a more prominent role on the world stage.
The announcement of Indonesia’s membership in BRICS has received widespread praise and support from leaders around the world. Brazilian President Jair Bolsonaro congratulated Indonesia on its official entry, reaffirming the strong relationship between the two countries. Indian Prime Minister Narendra Modi also expressed his enthusiasm for Indonesia’s membership, stating that it will open new avenues for cooperation between the two countries.
As Indonesia begins its journey as a member of BRICS, the country is poised to make significant contributions to the organization and the global economy as a whole. With its strong economic growth, diverse population, and strategic location, Indonesia has a lot to offer the other member countries. And as a member of BRICS, Indonesia has the opportunity to contribute to and benefit from the collective efforts towards promoting economic growth, improving living standards, and creating a more sustainable future.
In conclusion, the addition of Indonesia to BRICS is a welcome development for both the organization and the country. The joining of forces between these two influential entities has the potential to drive economic growth, promote cooperation and diversity, and bring about positive change on a global level. With Indonesia’s entry, BRICS has once again demonstrated its commitment to expanding and diversifying its membership to further its mission of promoting economic development and cooperation among emerging economies.
