Recently, no less than 6 countries joined the BRICS in what is now called the BRICS+. The organization has rejected membership applications from some countries. She seems to be appealing to others. This is the case of Indonesia.
In short
- BRICS invites Indonesia to join the coalition, a first in the group’s history.
- The country offers geopolitical and geostrategic advantages, particularly in the control of sea lanes.
- A possible accession of Indonesia would strengthen the monetary ambitions of the BRICS.
Indonesia invited to join BRICS
The recent integration into BRICS of a certain number of States has led some to say that the exit of the dollar is inevitable. News concerning Indonesia somewhat supports this idea.
The Asian country was one of the forty states that wanted to join BRICS. But according to the latest news, the organization is taking steps to co-opt it. In any case, this is what Retno Marsudi, the Indonesian Minister of Foreign Affairs, reveals.
According to the official, the foreign ministers of the BRICS countries have invited Indonesia to become a member of the group. “All BRICS foreign ministers have approached Indonesia to invite it to join the organization”she said.
For the first time, the order seems to be reversed. Indeed, Indonesia is the first country to be invited to join BRICS. While several other countries are taking the opposite step to join the group.
Will Indonesia accept a proposal that seems tempting given the global redistribution of the geopolitical cards? According to the Indonesian Minister of Foreign Affairs, the government is currently evaluating the benefits of joining the organization.
Another question, much deeper, deserves to be asked. Why Indonesia and not Gabon for example, the latter also wanting to join the BRICS? Indonesia actually has some great assets.
The interests of a possible accession of Indonesia
If the BRICS are making an appeal to Indonesia, it is anything but a coincidence. Like the countries whose membership has recently been validated, the country enjoys certain geopolitical and geostrategic advantages.
First of all, this country is a key player on the global economic stage. An influence provided in particular by its natural resources, in particular hydrocarbons of which it is an important producer.
Second, Indonesia plays a major role in controlling sea lanes, due to its strategic location. An asset that allows it to regulate and secure navigation routes. Which is vital for the new Silk Road desired by China.
Finally, Indonesia is distinguished by a foreign policy traditionally focused on neutrality and the policy of non-alignment. A policy in line with the ambition of the BRICS to promote peaceful international relations.
This is without taking into account that Indonesia is a G20 member with the fourth largest population in the world. A major advantage when we know the weight that this represents in economic and financial terms. This gives more content to the monetary ambitions of the BRICS which do not exclude cryptos.
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