Indonesia has been admitted as a full member of the BRICS bloc of developing economies, the group’s presiding country Brazil announced Monday.
“The Brazilian government welcomes Indonesia’s entry into the BRICS,” the government said in a statement. “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…
