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Jakarta Post

RI on same level as BRIC countries: Minister

  • Hendarsyah Tarmizi

    The Jakarta Post

Davos, Switzerland   /   Fri, January 25 2013   /  11:27 am

With its large domestic market, stable economic fundamentals and sustainable economic growth,
Indonesia has reached the same economic standard of the so-called BRIC countries, according to Trade Minister Gita Wirjawan.

Speaking during a panel discussion at the annual gathering of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Gita said that Indonesia did not want a status that it did not deserve.

But with its latest economic performance, the country had reached the same economic standards as the BRIC countries of Brazil, Russia, India and China, Gita told the forum.

He said that Indonesia and the BRIC countries, which contributed more than 20 percent to the world economy, played an important role in coping with the global economic slowdown. These countries should, therefore, be able to maintain their economic growth so that the world would no ...