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In the latest turn of events, the BRICS group included major emerging economies like  Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates, which will now include Indonesia as a full member. On January 6th, 2025, the Brazilian government announced they would expand the group to include Indonesia. 

Indonesia, the fourth most populous nation in the world, has in the past expressed its desire to join the BRICS group to further the interests of the so-called Global South and strengthen the emerging economies. 

According to the statement of the Brazilian Government, “Indonesia shares with the other members of the group support for the reform of global governance institutions and contributes positively to the deepening of cooperation in the Global South.”

Also read – Japan’s High-Speed Fibre is Heading to the USA!

According to Reuters, Brazil, set to lead the bloc’s presidency in 2025, announced that member states unanimously approved Indonesia’s entry as part of an expansion initiative first endorsed at the bloc’s 2023 summit in Johannesburg.

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Tanishka Jain

Tanishka Jain is a Content Writer at TradeFlock with 2+ years of experience in business journalism, with a sharp eye for spotting trends shaping the industry. She has authored over 50 articles, specializing in business analyses that break down what's really moving the market. Her writing is engaging and accessible, built to help readers of all backgrounds make sense of business shifts. Several of her trend-based analyses have gone on to prove accurate, reflecting her strong read on where the market is headed.

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