BRICS emerging as key platform for Global South cooperation: Experts

Source: Lokmat Times | Original Published At: 2026-09-13 15:55:29 UTC

Key Points

• Experts and industry leaders described BRICS as an increasingly important platform for Global South cooperation during the second day of the 18th BRICS Summit.
• SWFI Chairman Lakshmi Narayanan said tariff challenges facing many economies were not created by BRICS nations but were linked to the broader global trade environment, particularly the impact of US policies.
• Narayanan cited three key summit outcomes: efforts to boost bilateral and multilateral trade, positive progress toward resolving India-China border issues, and an India-Russia understanding to expand bilateral trade to $100 billion.
• Defence expert Ranjit Rai said the Delhi Declaration was an important document for global security and international cooperation and reinforced collective action on climate, security, and economic development.
• Former SETU Commission vice chairman Rajshekhar Joshi said BRICS had emerged as a major example of Global South cooperation, representing more than half the world's population and around 40% of global GDP.
• Industry representatives said India's hosting of the summit enhanced its global profile and reflected its growing importance in international diplomacy and economic engagement.