Brazil Declares Indonesia New BRICS Member
(MENAFN- The Peninsula)
QNA / Agencies
Brasilia: Currently holding the presidency of the group of emerging economies, BRICS, the government of Brazil announced today that Indonesia is officially joining the bloc as a full member.
Initially beginning as an economic forum among Brazil, Russia, India, China, and South Africa, the group now consists of nine countries and has become a geopolitical bloc that holds annual summits to coordinate multilateral policies since 2009.
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 Johannesburg.
China congratulates Indonesia
China welcomes and warmly congratulates Indonesia on becoming a full member of BRICS, a foreign ministry spokesperson said as per Xinhua report.
Read Also
Indonesia launches ambitious free-meal programme to combat stunting
Roundup Indonesia cancels VAT hike on basic goods
Trump threatens 100% tariff on BRICS countries over currency plans
MENAFN06012025000063011010ID1109060386
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.