Economics
Indonesia Joins BRICS to Help Boost Global South on World Stage
- Southeast Asia’s largest economy aims to bolster cooperation
- Thailand, Malaysia have also expressed interest to join BRICS
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Indonesia has become the newest member of the BRICS group of developing nations, in a move that could further bolster the Global South as Donald Trump’s trade policies pose risks to world economy.
Brazil, the president of the bloc this year, announced the formal entry of Indonesia into BRICS as a full member on Monday, according to a statement by its Ministry of Foreign Affairs. BRICS countries unanimously approved Indonesia’s entry into the group, it said.