Indonesia to push economic, financial inclusion at BRICS Summit

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2 hours ago

Jakarta (ANTARA) – Indonesia will push economic and financial inclusion agendas at a BRICS Summit in New Delhi this week as it seeks to broaden partnerships and strengthen economic resilience, the foreign ministry said on Thursday.

Foreign ministry spokesperson Vahd Nabyl A. Mulachela said economic and financial inclusion issues would be among the areas Indonesia seeks to advance with its partners, when asked about dedollarization as a possible topic at the summit.

“It may not be specifically about that, but economic and financial inclusion aspects are indeed among the issues that we want to promote with our various partners,” Nabyl told ANTARA in Jakarta.

Nabyl said Indonesia wanted to use its participation in the group to expand its network of economic partnerships with BRICS members and partners, adding that the country could not rely on a limited number of partnerships to address current global challenges.

“The objective within BRICS is also to build various complementary initiatives because we see that the challenges we face today cannot be addressed by relying solely on limited partnerships. So, our aim here is to optimize that,” he said.

Regarding the participation of Indonesian Foreign Minister Sugiono in the BRICS Summit, Nabyl confirmed that Sugiono is scheduled to lead the Indonesian delegation at the high-level meeting.

BRICS is an economic and political cooperation group that initially consisted of Brazil, Russia, India, China, and South Africa.

BRICS was originally formed by Brazil, Russia, India, China, and South Africa and has since expanded to include Egypt, Ethiopia, Iran, the United Arab Emirates, Indonesia, and Saudi Arabia.

The 18th BRICS Summit will be held in India on Sept. 12-13 under the theme “Building Resilience, Innovation, Cooperation and Sustainability.”