Indonesia officially becomes the newest member of the BRICS group, joining Brazil, Russia, India, China, South Africa, and other recent additions.
Indonesia has officially joined the BRICS bloc of developing economies , Brazil announced on Monday. The world's fourth-most populous nation's candidacy was endorsed by BRICS leaders in August 2023. Indonesia 's formal entry followed the formation of its newly elected government last year.
The Brazilian government welcomed Indonesia's membership, stating that Indonesia's large population and economy in Southeast Asia align with the BRICS commitment to reforming global governance institutions and fostering South-South cooperation. BRICS, formed by Brazil, Russia, India, and China in 2009, expanded to include South Africa in 2010. Last year, the alliance admitted Iran, Egypt, Ethiopia, and the United Arab Emirates. Saudi Arabia has received an invitation to join but has yet to do so. Turkey, Azerbaijan, and Malaysia have formally applied for membership, while others have expressed interest
BRICS Indonesia Developing Economies Global Governance South-South Cooperation
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