Pemerintah Brasil mengumumkan Indonesia resmi bergabung menjadi anggota penuh aliansi ekonomi BRICS. Usai menjadi anggota penuh BRICS, Indonesia dipastikan dapat ikut serta dalam pertemuan tingkat tinggi merumuskan keputusan penting terkait ekonomi serta bisa mendapatkan keuntungan dari investasi dan kesempatan berkolaborasi sesama negara anggota.
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00:00Indonesia joins BRICS
00:05Back with us in IDX First Session Closing
00:08The Brazilian government announced that Indonesia has officially joined as a full member of the BRICS Economy Alliance
00:14After becoming a full member of BRICS, Indonesia is ensured to participate in high-level meetings,
00:19make important decisions related to the economy,
00:22and can benefit from investment and the opportunity to collaborate with member countries.
00:31Indonesia has officially joined as a full member of the BRICS Economy Alliance
00:35formed by Brazil, Russia, India, China, and South Africa.
00:41The establishment of Indonesia as a BRICS member was announced by the Brazilian government as the BRICS Chairperson 2025.
00:48With the entry of Indonesia as a full member of BRICS in early 2025 officially added.
00:53Looking at its history, initially this alliance consisted of four countries, namely Brazil, Russia, India, and China,
01:00or what was then abbreviated as BRICS.
01:04The term BRICS was only used when South Africa joined in 2010 through an amendment.
01:11BRICS also decided to expand their membership based on an agreement in the BRICS Charter 2023.
01:18As many as four countries in the Middle East and Africa joined in 2024
01:22and the latest in 2025, one country, namely Indonesia, agreed to join as a member.
01:29In addition to the remaining members, BRICS also partnered with a number of countries
01:33as agreed in the 16th BRICS Charter in October 2024.
01:38There are nine countries that have been confirmed as partners per January 1, 2025.
01:44These countries are Belarus, Bolivia, Kazakhstan, Cuba, Malaysia, Thailand, Uganda, and Uzbekistan.
01:55Regarding the role of BRICS members, they have greater rights and responsibilities than their partners,
02:00where member countries can participate in high-level meetings,
02:04as well as formulate important decisions regarding the economy, international governance, and political strategy.
02:11In terms of economy and trade, member countries get benefits from investment and the opportunity to collaborate,
02:17for example, through special trade agreements or infrastructure projects.
02:22Covered by IDX Channel.
02:29And this time we will review the review on the benefits of joining Indonesia with BRICS.
02:35Where Indonesia's joint venture with BRICS is expected to provide a lot of benefits for Indonesia in terms of economy,
02:41trade, financial stability, and security.
02:46A number of potential benefits for Indonesia that officially joined as a member of BRICS,
02:52where Indonesia joins, is estimated to be able to open up wider market access for the production of national industries,
03:00where there are very clear economic benefits when a developing country joins the BRICS alliance.
03:06According to the data of the US Federal Institution,
03:09various countries that join BRICS represent about 45% of the world's population,
03:1428% of the world's economic output, and 47% of global crude oil.
03:20Other benefits include the potential to increase intra-BRICS trade with BRICS member countries,
03:25then reduce the dominance of OECD countries, which are the majority of developed countries,
03:30because the BRICS alliance itself has a large market power and is able to be an OECD balancer.
03:37The next benefit is to release dependence on the US dollar or de-dollarization.
03:43BRICS itself encourages the use of local currency in trading and financial transactions between BRICS member countries.
03:51Next, by joining Indonesia to BRICS,
03:54there is a potential to increase economic export and import transactions,
03:57as well as direct investment or foreign direct investment to Indonesia.
04:01And lastly, by becoming a BRICS member,
04:03Indonesia can carry out security cooperation with the same member.
04:07Meanwhile, regarding joining Indonesia to BRICS,
04:09the Ministry of Foreign Affairs stated that this is a strategic step for Indonesia.
04:15And to find out more about this, let's see the complete information.
04:21Indonesia's Minister of Foreign Affairs, Roliansyah Sumirat,
04:27emphasized that joining Indonesia to BRICS is a strategic step
04:31to expand economic and trade networks with BRICS member countries.
04:36The Ministry of Foreign Affairs is also optimistic that the support of BRICS member countries
04:40can make Indonesia easier to play an active role in economic development
04:44and cooperation in the future.
04:47The Indonesian government welcomes the announcement made by the Brazilian government
04:52yesterday, January 6, at the time of South America,
04:58about the decision to join Indonesia as a full member in BRICS.
05:05This, of course, is closely related to the desire of BRICS member countries
05:11to immediately accept Indonesia, which is always committed
05:15and has also shown its active role in various global issues
05:20and also appreciation and recognition of BRICS member countries
05:24for Indonesia's commitment to strengthen more inclusive and fair cooperation.
05:30And Indonesia's strategic step is also appreciated
05:33to increase collaboration and cooperation with other developing countries.
05:38Previously known, Indonesia officially joined as a full member
05:41of the Economic Alliance of Brazil, Russia, India, China and South Africa or BRICS.
05:48The establishment of Indonesia as a member of BRICS was announced
05:51by the Brazilian government as the chair of BRICS 2025.
05:55Indonesia's entry added a list of full members of BRICS in early 2025,
06:00which had previously been filled by a number of countries,
06:03namely Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates.
06:08Content by IDX Channel.
06:13Yes, previously in November 2024, President Prabowo Subianto said
06:19Indonesia will look for opportunities to join with a number of international organizations in the field of economy.
06:25This is said to answer the possibility of Indonesia's position joining BRICS,
06:29where this is also a similarity when Indonesia is undergoing accession
06:33to become a member of the Organization for Cooperation and Economic Development or OECD.
06:39Yes, according to President Prabowo, this path is needed
06:42because Indonesia wants to take the opportunity for the economy and also for the welfare of the people.
06:48Meanwhile, in a work meeting with the 1st DPRRI Commission in early December 2024,
06:53Foreign Minister Sugiono explained that BRICS can be used by Indonesia
06:58to improve economic relations with the countries that are joined.
07:02However, Menlo emphasized that the desire to be part of BRICS
07:06does not negate Indonesia's commitment to remain free and active in the international world.
07:12Meanwhile, other views were also conveyed by a member of the 1st DPRRI Commission, Amelia Anggrani,
07:17who asked the government to ensure that joining Indonesia as a full member of BRICS
07:22can be beneficial for the people of Indonesia.
07:25She also welcomes joining Indonesia as a full member in the BRICS economic bloc
07:29because Indonesia has great potential to make use of its membership in BRICS,
07:34especially in promoting relevant agendas with national interest,
07:38such as digital sovereignty, cooperation, green economic development,
07:43and the reduction of international development gap.
07:47Meanwhile, the Minister is in the middle of various benefits that can be obtained.
07:50Indonesia also at the same time has to be aware of a number of risks after joining the BRICS alliance.
07:56So, what are the risks? Here is the information.
08:05Indonesia's efforts to officially become a full member of BRICS,
08:07Executive Director Celios Bima Yudhistira said
08:10that Indonesia's participation in BRICS can be considered as an effort to strengthen relations
08:14not only with China, but also with Brazil and South Africa and the Middle East.
08:20Bima added that if too pro-China, then Indonesia's membership in BRICS will be in vain
08:25because it only replicates economic relations with China, which is already too dominant.
08:30On the other hand, the BRICS alliance is considered not so beneficial for Indonesia
08:35because China's economy is projected to slow down,
08:37especially when Donald Trump is re-elected as President of the United States
08:41which promotes trade protectionism.
08:45To avoid these risks, Indonesia needs to play a role in promoting collaboration
08:50in strategic sectors such as the investment sector and infrastructure development
08:55that meet the needs of developing countries
08:58and direct investment to projects that can strengthen the economic independence of member states.
09:05In addition, Indonesia needs to play a role in promoting green investment cooperation
09:09between member states by developing an environmentally friendly capital market.
09:15Meanwhile, as far as we know, BRICS members control 40% of the world's population
09:20and 35% of Bruto Global's domestic products,
09:23making it an important player in the international arena.
09:34Yes, it is still around Indonesia that has officially become a full member of BRICS
09:37where the Ministry of Foreign Affairs said the achievement of becoming a full member of BRICS
09:42can increase Indonesia's active role in global issues.
09:46At the same time, a number of experts have their own views.
09:50Some say Indonesia can have more offer in the global arena,
09:54while others say there is no certainty of benefits in joining the BRICS economic alliance.
10:00International Relations Observer from Erlanger University, Radityo Dharmaputra,
10:04said Indonesia did not have a positive impact after joining the BRICS.
10:08He also pointed out that Indonesia's new status in BRICS
10:11actually triggered bipolarity,
10:14especially when the United States was officially led by Donald Trump on January 20.
10:19He said diplomatically, the United States and Western countries
10:23do consider Indonesia's right to join any economic forum.
10:27However, Indonesia's new status as a full member of BRICS
10:30is likely to trigger tension,
10:32because Indonesia is considered to join with the neighboring country,
10:35which is a notable rival of the United States.
10:38Meanwhile, another view from the International Relations Observer,
10:41Sharony Rofi, who said,
10:43it is unlikely that Western countries will embargo Indonesia
10:47because they decided to join BRICS.
10:49She took the example of India and South Africa,
10:52which are still members of BRICS,
10:54but not subject to embargo or sanctions from the United States.
10:58She said that BRICS itself stands as an economic political organization
11:03that has the same status as other international organizations.
11:08Of course, we hope that various positive benefits
11:12can come after Indonesia becomes a full member of BRICS,
11:15although it was also mentioned earlier that various risks
11:18must be mitigated, especially related to global geopolitics.
11:22Moreover, we know that BRICS is one of the strong economic blocs
11:27where its founder or initiator,
11:29which we know as a country that is quite the opposite
11:34of Western countries that are joined in the G20,
11:36then also in the OECD,
11:38so that Indonesia really has to see
11:41or look for opportunities that can be taken,
11:44but also the risk must be mitigated as much as possible.
11:48And viewers, we will soon come back with other information.
11:52Make sure you are still with us in IDX for Session Closing.
11:57IDX for Session Closing