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At 20 Years, BRICS Advances as Pillar of Multipolar World

Aos 20 anos, BRICS avança como pilar do mundo multipolar
Countries
BrazilChinaIndiaRussiaSouth Africa
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentPeace & DevelopmentSustainable Development

Source: Brasil 247 | Original Published At: 2026-09-12 12:42:07 UTC

Key Points

  • The article marks BRICS' 20th anniversary and highlights the 18th BRICS Summit in New Delhi, held on 12-13 September, as a milestone for the bloc's political consolidation.
  • The New Delhi Declaration reportedly calls for reform of the UN, IMF, World Bank and WTO, greater representation for emerging economies, and an end to unilateral sanctions and coercive measures.
  • The text describes BRICS' evolution from an investment acronym into an organized political platform of emerging economies, expanded after South Africa's entry in 2011 and further broadened through enlargement.
  • It emphasizes the New Development Bank as a concrete BRICS institution, citing US$42.9 billion approved for 139 projects and recommending expanded operations, local-currency financing and institutional strengthening.
  • The article highlights progress in local currencies, cross-border payments and interoperability as tools to reduce dependence on the dollar and external financial pressure.
  • It links BRICS cooperation to resilient supply chains, critical minerals sovereignty, value addition, AI cooperation, food security, and a just ecological transition.
  • The piece frames the next stage as execution, pointing to the BRICS Economic Partnership Strategy 2030 and the 2027 summit under China's presidency as steps toward stronger multipolar influence.
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