The decision follows Indonesia's success in gaining a full BRICS membership earlier this year.

Indonesia has been exploring new export destinations beyond the US and plans to accelerate trade negotiations in anticipation of new US tariffs.

Indonesia’s entry to BRICS had opened up the possibility of Jakarta importing Russian oil, whose prices have been pushed below the global benchmarks by the sanctions.

Indonesia’s non-oil and gas exports to the five major BRICS nations reached 84.37 billion USD in 2024, accounting for nearly 34% of the country’s total non-oil and gas export value, according to the country’s Central Statistics Agency (BPS).

Indonesia is planning to lower trade tariffs with the US as President-elect Donald Trump prepares to implement a universal tariff policy.

Indonesia is hoping to cool down the global economic rivalry by joining the Russia and China-led BRICS, according to Indonesian Foreign Affairs Minister Sugiono.

As the current ASEAN Chair, Malaysia can propose a discussion between Southeast Asian and BRICS countries to diversify trade ties and reduce reliance on traditional partners.

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

Brazil's government said in a statement on January 6 that Indonesia is formally joining BRICS as a full member, further expanding the group of major emerging economies, including Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran and the United Arab Emirates (UAE).

Thailand will become an official partner of BRICS from January 1 onwards, the Thai Ministry of Foreign Affairs said on December 30.

Russia is ready to expand substantive cooperation with Vietnam across various areas, aiming to further strengthen the long-standing ties between the two nations, Russian Ambassador to Vietnam Gennady Bezdetko has said.

Indonesian President Prabowo Subianto has shown his country’s desire to become a member of the BRICS - the alliance of major emerging economies initiated by Brazil, Russia, India, China, and South Africa.

Vietnam hopes to cooperate closely with the US administration in the time ahead to continue developing the Comprehensive strategic partnership between the two countries in a strong, comprehensive, stable, and long-term manner, said Vice Spokesman of the Ministry of Foreign Affairs Doan Khac Viet on October 31.

The working trip on October 23-24 by Prime Minister Pham Minh Chinh and the high-ranking delegation of Vietnam to attend the expanded BRICS Summit in Kazan, Russia, at the invitation of Russian President Vladimir Putin, Chair of BRICS 2024, is a success, contributing to promoting solidarity for addressing common challenges.

Deputy Prime Minister and Minister of Foreign Affairs Bui Thanh Son has highlighted the success of Prime Minister Pham Minh Chinh’s trip to Russia from October 23-24 to attend the expanded BRICS Summit in Kazan. ​

Vietnamese Prime Minister Pham Minh Chinh held talks with Russian President Vladimir Putin on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 24 evening (local time).

Prime Minister Pham Minh Chinh affirmed that Vietnam always treasures the traditional friendship and comprehensive partnership with Venezuela, at his meeting with Venezuelan President Nicolas Maduro on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 24 (local time).

The National Assembly on Oct. 21 voted to pass a resolution electing General Luong Cuong, 67, as the State President for the 2021-26 term.

Prime Minister Pham Minh Chinh on October 24 said Vietnam and Cuba should continue working closely together to foster their multi-faceted cooperation, at a reception for Cuban Foreign Minister Bruno Rodriguez Parrilla on the sidelines of the expanded BRICS Summit in Kazan, Russia.

Prime Minister Pham Minh Chinh had brief meetings with foreign leaders on the sidelines of the expanded BRICS Summit in Kazan, Russia, on October 23.