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Before Indonesia’s membership, the bloc accounted for nearly 45% of the world’s population and 35% of global gross domestic product, measured using purchasing power parity. China welcomes and warmly congratulates Indonesia on becoming a full member of BRICS, a foreign ministry spokesperson said Monday.
Indonesia has been admitted as a full member of the BRICS bloc of developing economies. the group’s presiding country Brazil announced Monday.
Brazil, as the BRICS chair this year, released a statement announcing that Indonesia has become a full member of BRICS, which received wide attention from the international community.
With the largest population and economy in Southeast Asia, Indonesia shares with other members a commitment to reforming global governance institutions and contributes positively to deepening South-South cooperation.
BRICS was formed by Brazil, Russia, India, and China in 2009, and South Africa was added in 2010. Last year, the alliance expanded to embrace Iran, Egypt, Ethiopia, and the United Arab Emirates. Saudi Arabia has been invited to join but has not yet done so.
Turkey, Azerbaijan, and Malaysia have formally applied to become members and a few others have expressed interest.
The organization was created as a counterweight to the Group of Seven, comprised of developed nations. Its name derives from an economic term used in the early 2000s to describe rising countries expected to dominate the global economy by 2050.
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Before Indonesia’s membership, the bloc accounted for nearly 45% of the world’s population and 35% of global gross domestic product, measured using purchasing power parity. China welcomes and warmly congratulates Indonesia on becoming a full member of BRICS, a foreign ministry spokesperson said recently.
The spokesperson said Indonesia, as a major developing country and an important force in the Global South, highly recognizes the BRICS spirit and has taken an active part in “BRICS Plus” cooperation.
China stands ready to work with Indonesia and other BRICS members to jointly build a more comprehensive, close, practical and inclusive partnership, advance the high-quality development of greater BRICS cooperation, and make greater contribution to building a community with a shared future for mankind, the spokesperson added.
Indonesia welcomes Brazil’s announcement as chair of BRICS 2025, which recognizes the Southeast Asian country as a full member, the Indonesian Ministry of Foreign Affairs said on Tuesday.
