AGL 38.41 Decreased By ▼ -0.07 (-0.18%)
AIRLINK 202.99 Decreased By ▼ -0.03 (-0.01%)
BOP 10.05 Decreased By ▼ -0.12 (-1.18%)
CNERGY 6.44 Decreased By ▼ -0.10 (-1.53%)
DCL 9.45 Decreased By ▼ -0.13 (-1.36%)
DFML 39.70 Decreased By ▼ -0.32 (-0.8%)
DGKC 98.90 Increased By ▲ 0.82 (0.84%)
FCCL 35.45 Increased By ▲ 0.49 (1.4%)
FFBL 88.44 Increased By ▲ 2.01 (2.33%)
FFL 13.85 Decreased By ▼ -0.05 (-0.36%)
HUBC 130.65 Decreased By ▼ -0.92 (-0.7%)
HUMNL 13.95 Decreased By ▼ -0.07 (-0.5%)
KEL 5.50 Decreased By ▼ -0.11 (-1.96%)
KOSM 7.41 Increased By ▲ 0.14 (1.93%)
MLCF 46.10 Increased By ▲ 0.51 (1.12%)
NBP 61.73 Decreased By ▼ -4.65 (-7.01%)
OGDC 220.01 Decreased By ▼ -0.75 (-0.34%)
PAEL 39.20 Increased By ▲ 0.72 (1.87%)
PIBTL 8.78 Decreased By ▼ -0.13 (-1.46%)
PPL 197.50 Decreased By ▼ -0.38 (-0.19%)
PRL 39.35 Increased By ▲ 0.32 (0.82%)
PTC 25.72 Increased By ▲ 0.25 (0.98%)
SEARL 106.81 Increased By ▲ 3.76 (3.65%)
TELE 8.91 Decreased By ▼ -0.11 (-1.22%)
TOMCL 36.45 Increased By ▲ 0.04 (0.11%)
TPLP 13.90 Increased By ▲ 0.15 (1.09%)
TREET 24.99 Decreased By ▼ -0.13 (-0.52%)
TRG 57.81 Decreased By ▼ -0.23 (-0.4%)
UNITY 33.58 Decreased By ▼ -0.09 (-0.27%)
WTL 1.70 Decreased By ▼ -0.01 (-0.58%)
BR100 11,897 Increased By 6.6 (0.06%)
BR30 37,138 Decreased By -218.4 (-0.58%)
KSE100 110,625 Decreased By -445.2 (-0.4%)
KSE30 34,772 Decreased By -136.7 (-0.39%)

JAKARTA: Indonesian President Joko Widodo departed for South Africa on Sunday to attend the BRICS summit in Johannesburg amid speculation that the country could join the group as its latest member.

The meeting, which brings together major emerging economies countries led by Brazil, Russia, India, China, and South Africa, will be held for three days starting Tuesday.

“Indonesia has been invited to the BRICS summit and of course in between the BRICS summit there will be meetings with other world leaders,” Widodo told reporters ahead of his departure. The trip is Widodo’s first to Africa as leader of South East Asia’s biggest economy.

He said earlier in the week that his government had not decided whether or not Indonesia would join BRICS.

The group, formally launched in 2009, seeks to tame Western economic domination in global affairs.

It represents 23 percent of the world’s gross domestic product and 42 percent of the world’s population.

Aside from attending the BRICS summit, Widodo said he would also visit Kenya, Tanzania, and Mozambique to strengthen cooperation.

Tanzania and Kenya opened embassies in Jakarta last year, while Mozambique is the first African country to sign a Preferential Trade Agreement with Indonesia.

Comments

Comments are closed.