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The Facts Behind Indonesia's Decision to Join BRICS to Boost Mining Exports

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The Facts Behind Indonesia's Decision to Join BRICS to Boost Mining Exports BRICS Illustration

Kapanlagi.com - Indonesia officially steps onto the international stage by joining the BRICS economic cooperation organization, a strategic decision that is expected to open new opportunities for the export of domestic mining products. With this membership, the Indonesian government is optimistic about leveraging the vast market potential from BRICS member countries, such as China and India.

The Deputy Minister of Energy and Mineral Resources (ESDM), Yuliot Tanjung, emphasized that this step will create golden opportunities for Indonesia's mining export sector. He explained that the large population and continually increasing energy needs in BRICS countries serve as the main magnet for establishing mutually beneficial cooperation.

Indonesia's membership in BRICS also reflects a commitment to creating more inclusive and equitable global cooperation. However, the government remains cautious and conducts in-depth studies regarding the implications of this step. According to the Deputy Minister of ESDM, joining BRICS not only opens access to new markets but also supports better global institutional reforms.

"This is a significant step to expand markets and enhance economic cooperation," said Yuliot Tanjung, as reported by ANTARA on Thursday (1/9/2025). With a spirit of optimism, Indonesia is ready to face new challenges and opportunities on the international stage!

1. Strategic Steps to Join BRICS

In January 2025, Brazil officially announced Indonesia's joining of BRICS, a monumental step that resulted from a long process full of studies and diplomacy. This decision is a response to the recommendations of BRICS leaders presented in August 2023, and Brazil, as the chair of this alliance, warmly welcomes Indonesia's presence.

With its status as the largest economy in Southeast Asia and a large population, Indonesia is expected to make significant contributions to global governance reform. Additionally, Indonesia's strategic position also opens up opportunities to expand mining market networks in the Global South, creating new synergies for the domestic economy sector, and promoting sustainable growth.

2. Great Opportunities in the China and India Markets

Indonesia's membership in BRICS opens golden opportunities to explore the giant markets in China and India, two countries with the largest populations in the world that are in dire need of various mining resources such as coal, nickel, and bauxite. "By joining BRICS, our access to these markets will become easier," said Yuliot Tanjung, Deputy Minister of Energy and Mineral Resources.

Moreover, the government is also committed to increasing production capacity to meet the surge in export demand, while maintaining a balance between domestic and foreign needs. Impact studies of this policy are continuously conducted to ensure optimal benefits for all parties involved.

3. Impact on the National Mining Sector

Joining BRICS not only opens the door to enticing market opportunities but also presents challenges in the management of natural resources. Realizing that the surge in export demand can affect the availability of mining resources for domestic needs, the Ministry of Energy and Mineral Resources is determined to tighten regulations related to exploration and export.

With a commitment to implementing sustainable mining practices, Indonesia strives to maintain a balance between economic benefits and environmental sustainability.

"We want to ensure that these benefits do not come at the expense of environmental sustainability," said Yuliot Tanjung. This strategic step aligns with the global BRICS agenda that supports inclusive and environmentally friendly development, with great hopes that this collaboration will bring positive impacts evenly to all communities in the future.

4. Indonesia and the BRICS Vision for the Future

As a new member of the BRICS community, Indonesia is expected to make significant contributions to the major agenda of this organization, including reforms in global governance. This membership is seen as strengthening Indonesia's position in international diplomacy while also expanding its economic influence on the global stage.

BRICS itself has a mission to create a more inclusive and equitable world, particularly in economic, political, and cultural aspects. With its large population and economic potential, Indonesia is considered a strategic partner in realizing this vision. The government emphasizes that this membership is not only focused on economic interests but also plays an important role in supporting global stability.

5. What is BRICS and who are its members?

BRICS, an alliance that combines the economic strengths of developing countries, is now becoming stronger with the presence of new members such as Indonesia, Iran, and the United Arab Emirates.

6. What are the benefits of Indonesia joining BRICS?

Joining BRICS is a golden ticket to enter the highly lucrative export market, especially in giant countries like China and India, while also strengthening synergy in the increasingly interconnected global economy.

7. Are there risks in joining BRICS?

One of the biggest challenges faced is the surge in export demand that could significantly impact the availability of mining resources for domestic needs.

8. How does BRICS influence global geopolitics?

BRICS is working to disrupt Western dominance in the global economic landscape by building a more inclusive network of cooperation, both economically and politically.

(kpl/srr)

Disclaimer: This translation from Bahasa Indonesia to English has been generated by Artificial Intelligence.
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