BRICS can provide additional platform for investment and economic growth
Muhammad Reza Syariffudin Zaki, Lecturer at BINUS University and Doctor of Law, highlighted the potential of BRICS cooperation to expand market access, investment, technology transfer and employment opportunities
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Photo source: TVRI / TV BRICS
BRICS can serve as an additional platform for emerging economies to expand economic opportunities, strengthen market access and attract investment, Muhammad Reza Syariffudin Zaki, Lecturer at BINUS University and Doctor of Law, said in an exclusive interview with TVRI, a TV BRICS partner.
According to the expert, BRICS is not intended to replace existing international economic institutions but can provide additional opportunities for emerging economies. He noted that cooperation within BRICS can cover a range of economic areas, including payment channels, trade and investment, downstream manufacturing, digital infrastructure and logistics.
"The important thing is how we can bring up the issue of trade and investment, for example, the downstream manufacturing and then also the digital infrastructure, the logistics and the trade itself," the expert said.
He also highlighted the importance of trade and investment issues for Indonesia, particularly in the context of the BRICS Summit. In his view, the platform can contribute to discussions on economic development and create opportunities for deeper cooperation among participating countries.
For Indonesia, expanding market access and attracting investment are among the key priorities. The expert stressed that investment can bring benefits beyond financial capital, including skilled employment, technology transfer and greater participation of local communities.
According to the expert, these areas are particularly relevant to Indonesia's economic development goals. He linked the expansion of investment and market access to the country's objective of achieving economic growth of 8 per cent by 2029.
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