Indonesia joins BRICS Bank with $1 billion initial investment

Source: Brasil 247 | Original Published At: 2025-12-05 19:55:22 UTC

Key Points

• Indonesia invested $1 billion in the BRICS New Development Bank (NBD) following its full membership approval in 2025
• The investment reflects Indonesia's commitment to strengthening Global South cooperation through BRICS mechanisms
• Indonesia's BRICS membership grants access to emerging markets and enhances cooperation with major developing economies
• The NBD, established during the 2014 BRICS Fortaleza Summit, funds infrastructure and sustainable development projects
• Indonesia formally requested BRICS membership during Russia's 2024 chairmanship