It is pertinent to note that Indonesia had joined the BRICS, an intergovernmental organisation consisting of 10 countries, on January 6 last year. Indonesia’s entry into the BRICS — which consists of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates — paves the way for Indian Rupee-Indonesian Rupiah transactions.ComplexitiesIndications about the BrahMos deal have been given by several senior officials of Indonesia, including the country’s ambassador to India. However, the Indonesian President Prabowo Subianto’s reported visit to Pakistan along with his India visit on Republic Day this year, adds a new dynamic and complexity to this developing strategic calculus.
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