Round-up 10 January 2024

In this week’s round-up: China warmly welcomes new member as Indonesia becomes a full member of BRICS; Experts preparing environmental protection proposals for BRICS summit in Rio; BRICS membership won’t affect ties with US; Indonesia to tap BRICS for mining export, says ministry; Indonesia’s stock exchange highlights potential economic boost from BRICS membership; Foreign ministry responds to question on Việt Nam’s BRICS membership; BRICS membership can boost Indonesia’s growth to 8 pct.

How US dollar will be dethroned by BRICS national currencies

To bring an end to the dollar hegemony one doesn’t need one common competing currency, but a number of national ones, according to former Ronald Reagan official and renowned American economist Dr Paul Craig Roberts.

2025: The Year of BRICS – A Transformative Milestone in Global Power Dynamics

China warmly welcomes new member as Indonesia becomes a full member of BRICS: FM

China warmly welcomes the new addition to the BRICS family, a Chinese Foreign Ministry spokesperson said.

Differences between BRICS and G7, which one is stronger?

After the BRICS Summit 2024 last October, more than 40 countries have shown interest in joining the multilateral organisation, which was originally convened to challenge the Western-dominated world.

Asean’s track record shows BRICS can work, says Zafrul

The positive experience of Southeast Asian countries under the Asean regional bloc over the past five decades can serve as an example of how economic blocs like BRICS can work, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Experts preparing environmental protection proposals for BRICS summit in Rio

Experts are drafting proposals on the environment for the 17th BRICS summit to be held in Rio de Janeiro in July, the press service of the Nature and People Fund told TASS.

BRICS membership must benefit Indonesians: DPR

A member of the House of Representatives (DPR), Amelia Anggraini, has said that Indonesia’s official membership of the BRICS grouping must bring real benefits to the Indonesian people.

BRICS membership won’t affect RI ties with US: Envoy

An aide to President Prabowo Subianto said that Indonesia’s full membership in BRICS would not affect the country’s relationship with the United States under the presidency of Donald Trump.

Indonesia to tap BRICS for mining export, says ministry

Deputy Minister of Energy and Mineral Resources (ESDM) Yuliot Tanjung has said that Indonesia will utilise its BRICS membership to export mining products, especially to China and India.

Indonesia’s stock exchange highlights potential economic boost from BRICS membership

Foreign ministry on whether Việt Nam intends to join BRICS

Việt Nam always studies and considers the participation in international mechanisms based on the country’s conditions and capabilities, the Vietnamese foreign ministry’s spokesperson responded, when being asked about the possibility of joining BRICS.

BRICS membership can boost Indonesia’s growth to 8 pct: Economist

Economist Achmad Nur Hidayat recently said that Indonesia’s freshly announced membership in BRICS could help the country achieve its targeted growth of 8 percent.

Read more coverage of the response to Indonesia joining BRICS here.

 

 

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