HubLombok estimates · quarterly, not live
Kutaland $/are$21K+2.4%Selong Belanakland $/are$12K+1.8%Are Gulingland $/are$9K+4.1%Mandalikaland $/are$7.5K+3.2%Mawunland $/are$3.9K+2.1%Bumbangland $/are$2.4K+5.0%Stabilised OccupancySouth Lombok, yrs 1-355-70%est.Tourism Arrivalsyear-on-year+40-50%est.Kutaland $/are$21K+2.4%Selong Belanakland $/are$12K+1.8%Are Gulingland $/are$9K+4.1%Mandalikaland $/are$7.5K+3.2%Mawunland $/are$3.9K+2.1%Bumbangland $/are$2.4K+5.0%Stabilised OccupancySouth Lombok, yrs 1-355-70%est.Tourism Arrivalsyear-on-year+40-50%est.
Prabowo Calls for BRICS Strength to Deliver Tangible Public Benefits
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Prabowo Calls for BRICS Strength to Deliver Tangible Public Benefits

President Prabowo urges BRICS to turn collective influence into practical opportunities and a stronger Global South voice.

13 Sept 2026·4 min read·By HubLombok
Illustration: HubLombok (AI-generated)
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President Prabowo Subianto has urged BRICS members to ensure that their collective strength produces tangible benefits for citizens, rather than remaining a matter of policy commitments alone. Speaking at the 2026 BRICS Summit in New Delhi, he also framed cooperation as a means to give the Global South greater influence over its future.

The remarks place implementation, representation and international governance at the centre of Indonesia’s message to the grouping. For investors watching Indonesia’s wider policy positioning, the significance lies less in an immediate commercial announcement than in the direction of travel: Jakarta is arguing for practical outcomes from multilateral cooperation.

A call for outcomes beyond commitments

According to an official statement cited by Antara, President Prabowo told the summit that BRICS’ collective strength should create real opportunities for people. He said that strength should not remain on paper, but should be translated into benefits that are felt by the public.

“This is the kind of collective strength we need,” President Prabowo said, describing strength that translates into opportunities for people and enables the Global South to play a greater role in shaping its future.

The President’s formulation is notable for its emphasis on delivery. International declarations can establish common objectives, but Prabowo’s message was that the value of cooperation should ultimately be judged by its practical effect.

He also said that the same collective strength should be used to build a fairer and more equal international order. In his account, cooperation among BRICS countries can strengthen the voice and interests of the Global South in global governance.

New Delhi and the question of global governance

The President made his remarks during the 18th BRICS Summit at Bharat Mandapam in New Delhi, India. The summit is expected to produce the New Delhi Declaration, which is intended to establish a collective framework for translating policy commitments into concrete action.

That prospective declaration matters because it connects broad political ambitions with an explicit question of execution. The source does not set out the declaration’s eventual contents, nor does it identify particular programmes or commercial measures. Its reported purpose, however, is clear: to provide a framework through which members can move from commitments towards action.

Indian Prime Minister Narendra Modi said discussions during the summit’s limited session had been meaningful and constructive, and had clearly set out global realities. He argued that a changing world requires reform of global institutions, particularly in representation, responsiveness and rules of engagement.

Modi called on BRICS members to bridge the gap between commitments and results, describing the declaration as a source of direction for shared goals.

Taken together, the comments from Indonesia and India point to a shared emphasis on institutional relevance and measurable follow-through. They do not, on the evidence available, amount to a specific investment policy, trade agreement or market intervention. They are nevertheless a clear statement of the priorities being advanced at the summit.

Indonesia’s message within BRICS

President Prabowo’s intervention focused on two connected ideas. The first was public benefit: collective power should create opportunities for people. The second was representation: the Global South should have a stronger voice in determining its own future.

This is a political and economic framing rather than a sector-specific one. The source does not identify a particular Indonesian industry, region, company or investment project that would be affected. Nor does it provide a timetable for any action arising from the summit.

For that reason, the appropriate reading is disciplined. The speech signals Indonesia’s support for cooperation that is practical, inclusive and directed towards a more equal international order. It should not be treated as evidence of an immediate change in conditions for foreign investors, property buyers or operating businesses.

The distinction is important. Speeches and summit declarations can shape policy priorities and diplomatic relationships, but their economic effect depends on the measures that subsequently emerge. Investors should therefore separate the summit’s stated ambitions from confirmed actions.

What this means for investors

For international investors with an interest in Indonesia, including those assessing Lombok alongside other opportunities, the immediate takeaway is one of policy context rather than a transaction trigger.

  • No direct market measure was announced in the source. The reported remarks do not alter ownership rules, tax obligations, land rights or investment requirements.
  • Implementation is the central theme. Both President Prabowo and Prime Minister Modi stressed the need to turn commitments into results; investors should watch for concrete measures rather than infer them from rhetoric.
  • Global South representation is a stated priority. Indonesia is advocating a larger role for the Global South in global governance and in shaping its own future.
  • The New Delhi Declaration is the next formal reference point. It is expected to provide a collective framework for action, although the source does not specify its final provisions.

A prudent investor response is therefore to maintain perspective. The summit provides insight into Indonesia’s diplomatic priorities, but it does not by itself establish a new investment regime or alter the fundamentals of an individual opportunity. Any assessment of a Lombok asset, Indonesian business or cross-border investment should continue to rest on its own legal, commercial and operational due diligence.

The broader question now is whether the commitments articulated in New Delhi are followed by the concrete action that Indonesia and its partners say they seek.

Stay informed, subscribe to the free Lombok Briefing for analysis like this, published twice a month.

Frequently asked questions

What did President Prabowo say at the BRICS Summit?

President Prabowo Subianto said BRICS strength should deliver real opportunities for people rather than remain on paper. He also said the grouping should use that strength to give the Global South a greater voice and help build a fairer, more equal international order.

Did the BRICS Summit announce a direct change for Indonesian investors?

The source reports no direct investment, property, tax or ownership measure. The reported discussion focused on translating BRICS commitments into action, reforming global institutions and strengthening the Global South’s voice. Investors should distinguish those stated priorities from confirmed policy changes.

What is the New Delhi Declaration expected to do?

The New Delhi Declaration is expected to establish a collective framework for turning policy commitments into concrete action. The source does not specify its final provisions, timetable or any particular commercial measure that may result from it.

Originally reported by
Antara Current
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