In India, BRICS summit seen as capable of strengthening bloc’s global influence

Source: Московский Комсомолец | Original Published At: 2026-09-08 05:12:27 UTC

Key Points

• The upcoming BRICS summit is scheduled for September 12-13 in New Delhi and is described as a key stage in the bloc's institutional development after expansion.
• Indian international relations expert Malika Pandey said the forum should help consolidate BRICS as a functioning force capable of offering alternative models of global development.
• The main expected outcome is practical steps to build new working mechanisms rather than one major joint statement.
• The article notes that BRICS accounts for 49.5 percent of the world's population, about 40 percent of global GDP, and 26 percent of international trade.
• Intra-BRICS goods trade is cited as having grown from $84 billion in 2003 to $1.17 trillion in 2024.
• Key areas for practical progress include financing through the New Development Bank, settlements in national currencies, cross-border payments, supply chain resilience, and cooperation in AI, energy, and critical infrastructure.
• The expert also highlighted energy security measures such as long-term supply mechanisms, strategic reserves, and energy trade in national currencies to reduce vulnerability to global price fluctuations.