Indonesia is beginning A Southeast Asian country officially joins BRICS. Indonesia, along with Malaysia, Thailand and Vietnam from the Association of Southeast Asian Nations (ASEAN), was invited to become a BRICS “partner country” last October, a category for which the path to formal membership was established at the Kazan Summit. Among them, only Vietnam not accepted yet.
Mineral-rich Indonesia is the world’s largest nickel producer. extremely important In the electric vehicle battery supply chain. Malaysia is a major natural gas exporter and tin producer. Notably, Thailand is one of the world’s largest producers of rare earth metals. Their accession will strengthen the BRICS’ growing influence as a commodity powerhouse.
Originally comprised of Brazil, Russia, India, China, and South Africa, the bloc called Brics was formed. added Last year it was Egypt, Ethiopia, Iran, and the United Arab Emirates. Together with partner countries, BRICS is in a position to exert significant influence over the production and supply of essential goods, from oil and gas to minerals and minerals. agricultural products.
As Western countries reorient their supply chains in the name of national security, countries in the Global South adjust their policies and build their own reliable supply chains for critical minerals, related technologies and industries. We are cooperating for this purpose. The addition of Southeast Asian countries is important for Brics. The region has huge reserves of important minerals and resources.
global energy transition Driving demand for critical minerals. At the Kazan Summit last October, Brics member states pledged to advance collective interests across the value chain of mineral production, which is essential for the production of clean technology products such as solar panels and electric vehicles.
By joining Brics, these countries will be able to adjust their policies to secure critical supply chains while resisting Western pressure to adopt strategies that may conflict with their national or regional interests. You can build consensus.
