Indonesia welcomes its entry into BRICS bloc

Indonesia sees its BRICS membership as "a strategic step to improve the collaborations and cooperation with other developing nations, based on the principle of equality, mutual respect, and sustainable development", the Jakarta statement said.

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Brazil's President Luiz Inacio Lula da Silva (L) posing for a picture with Indonesia's President Prabowo Subianto during the G20 Leaders' Meeting in Rio de Janeiro, Brazil in November last year. (AFP)
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Indonesia welcomed on Tuesday Brazil's announcement that it had become a full member of BRICS, a bloc of developing economies increasingly seen as a counterweight to

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