Experts: India’s BRICS Presidency Translates Growing Global Weight into Effective Multilateral Action

Source: Lokmat Times | Original Published At: 2026-09-08 12:55:18 UTC

Key Points

• Experts said BRICS is entering a critical phase as expanding membership and growing economic and geopolitical weight create both opportunities and greater complexity.
• India's fourth BRICS presidency is framed as a platform for practical, inclusive and sustainable cooperation under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'.
• Discussions emphasized local-currency trade, alternative financial transaction avenues, the role of the New Development Bank, and possible creation of a BRICS Secretariat.
• Cooperation areas examined included a BRICS Grain Exchange, interoperable paperless trade systems, reduced non-tariff barriers, technology, artificial intelligence, energy, climate, and South-South cooperation.
• Analysts said BRICS' future credibility depends on moving from declarations to implementation, building consensus, and ensuring continuity as the presidency moves to China.