Jakarta (ANTARA) – With its official membership in BRICS, Indonesia has embarked on a new chapter of economic diplomacy on the global stage.
BRICS, an intergovernmental organization, was established to promote a more balanced world order by amplifying the voices of developing countries in global decision-making.
By joining BRICS, which includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates (UAE), Indonesia aims to challenge the dominance of developed nations in international financial institutions such as the IMF and the World Bank.
For instance, the New Development Bank (NDB), established by BRICS states, focuses on financing…