Indonesia Boosts Global Influence Through BRICS Membership
Indonesia’s recent full membership in the BRICS grouping marks a significant strategic move to enhance its global influence, as stated by Eddy Soeparno, the deputy chairperson of the People’s Consultative Assembly (MPR).
Strategic Step Towards Global Influence
Soeparno emphasized that Indonesia’s decision to join BRICS is a calculated strategic step aimed at strengthening its position on the global stage. By aligning with BRICS, President Prabowo Subianto is fulfilling the Constitutional mandate to pursue a free and active political approach while safeguarding national interests.
He highlighted the importance of Indonesia’s participation in BRICS as a means to expand its export market and achieve its economic growth target of 7 to 8 percent. With BRICS members representing over 40 percent of the world’s population, including key emerging markets, Indonesia stands to benefit significantly from this alliance.
Economic Opportunities and Investment Potential
Soeparno underscored the economic advantages of Indonesia’s BRICS membership, citing the potential for increased investment opportunities and funding for various government projects. From infrastructure development to renewable energy initiatives, joining BRICS opens doors for Indonesia to attract investors from countries with robust economies.
He also pointed out the opportunity for knowledge transfer from BRICS countries, such as digitalization expertise from India and technological advancements from China. These collaborations are essential for Indonesia’s progress in areas like renewable energy transition and technological innovation.
Implications for Indonesia’s Future Growth
Indonesia’s official recognition as the newest member of BRICS has drawn praises from Brazil, the upcoming BRICS chair in 2025. Brazil commended Indonesia’s support for key issues during its chairmanship and expressed optimism about the mutual benefits of this partnership.
In conclusion, Indonesia’s entry into BRICS signifies a significant milestone in its quest for global influence and economic growth. The alliance with BRICS opens up a myriad of opportunities for Indonesia to expand its market reach, attract investments, and foster technological advancements, positioning the country as a key player in the global arena.
