RI Joins BRICS Will Open Great Opportunities For The Economy

Rupiah (Photo: Antara)

JAKARTA - The Indonesian Chamber of Commerce and Industry (Kadin) considers the joining of Indonesia as a full member of BRICS opens up great opportunities in expanding economic, trade and investment cooperation.

Chairman of Kadin Arsjad Rasjid said that full membership is a historic moment that strengthens Indonesia's position as a global economic force.

"This membership also opens up great opportunities to expand economic, trade and investment cooperation between Indonesia and BRICS countries, as well as support sustainable growth," said Arsjad quoting Antara.

Furthermore, Arsjad said the membership also brings new responsibilities, including mitigating increasingly fierce global competition.

However, Kadin Indonesia believes that with a close synergy between the government and the business world, this membership will become a force to strengthen economic fundamentals, encourage innovation, and create new jobs.

In addition, this collaboration also encourages the economy to a higher level.

Kadin Indonesia continues to be committed to becoming a strategic partner of the government in ensuring the benefits of BRICS membership can be felt by all Indonesian people.

Previously, Brazil as the holder of the BRICS presidency this year, on Monday (6/1/2025), announced that Indonesia had officially become a member of the international organization.

In a press statement, the Brazilian government welcomed and congratulated Indonesia as the latest member of BRICS.

"Indonesia, which has the largest population and economy in Southeast Asia, has similar views with other BRICS members regarding support for global institutional reforms and positive contributions to strengthen cooperation between South Global countries," the statement said.

Brazil also views that Indonesia has supported issues that were a priority during Brazil's presidency at BRICS from January 1 to December 31, 2025.

Indonesia's joining the BRICS was first agreed upon by members of the BRICS at the summit in Johannesburg, South Africa, in August 2023.

However, because Indonesia held a general election in February 2024, the Indonesian government officially stated its intention to join the BRICS only after the new government under President Prabowo Subianto was formed.

BRICS members control 40 percent of the world's population and 35 percent of global gross domestic product (GDP), making it an important player in the international arena.

Established in 2009 with the early members of Brazil, Russia, India, China, and South Africa, BRICS now has more and more members after 13 new countries were designated partner countries in October 2024.

Apart from Indonesia, BRICS also welcomes three other Southeast Asian countries as new members, namely Malaysia, Vietnam, and Thailand.