Indonesia is now officially a permanent member of BRICS Brazil announced it and they’ll chair the group in 2025 Indonesia is the tenth member government happy about it they got approved to join in 2023 but wanted to wait till after their elections President Prabowo Subianto was elected October 2024 and then the membership process moved forward
BRICS started in 2006 with Brazil Russia India and China South Africa joined in 2010 and Iran Egypt and Ethiopia joined last year Saudi Arabia was also invited but hasn’t joined maybe because the US doesn’t like it BRICS countries now make up over 27% of the world’s economy more than the European Union its a big deal for global power
Next BRICS summit is in July 2025 in Rio de Janeiro Brazil’s in charge the theme is the Global South they want to make it easier for member countries to trade maybe a new payment system Pakistan and Turkey want to join but haven’t got in yet some say India doesn’t want them BRICS growing and its shifting economic power towards Asia even though some countries like the US aren’t happy