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India-led BRICS pursues consensus on summit joint statement

India-led BRICS holds ‘candid conversations’ for joint statement
Countries
IndiaIranSaudi ArabiaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentPeace & Development

Source: ThePrint | Original Published At: 2026-08-27 11:07:58 UTC

Key Points

  • India will host the BRICS leaders’ summit in New Delhi on 12–13 September, with another Sherpa meeting planned beforehand.
  • Negotiations on the leaders’ joint statement continue, including efforts to resolve differences over conflicts in West Asia.
  • An official said BRICS has no proposal for a separate reserve currency, with financial discussions focused on reducing bilateral trade transaction costs.
  • The grouping is prioritising integration of its six newer members, with no expansion planned at present, according to the official.
  • Saudi Arabia has been invited to attend as a BRICS member, although the article notes it has not publicly confirmed its acceptance of membership.
  • Heads of several regional organisations have been invited, including the African Union and the Gulf Cooperation Council.
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