Indonesia officially becomes full member of BRICS bloc

Indonesia became the tenth full member of the international BRIC group of developing economies on Monday.

The announcement was made by Brazil, a founding member of the bloc and the holder of the rotating presidency for 2025.

"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."

Indonesia's candidacy was initially endorsed by BRICS leaders in August 2023, according to the Brazilian Foreign Ministry.

But the world's fourth-most populous nation opted to postpone its formal accession to the bloc until the formation of its newly-elected government.