✨ 2026 Shanghai Summer School (BRICS Program) students lists are now available. View Details

BRICS Summit Coverage Focuses on Peace Call, De-Dollarisation, and India-China Cooperation

India-China tango, Iran at the table & 'vague call for peace'
Countries
ChinaIndiaIranRussiaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentPeace & Development

Source: ThePrint | Original Published At: 2026-09-14 12:50:54 UTC

Key Points

  • The BRICS summit issued a joint statement calling for “maximum restraint” in West Asia without naming the United States, a change from the 2025 statement that condemned the war against Iran.
  • BRICS leaders emphasized de-dollarisation and reducing the dollar’s sphere of influence rather than launching a unified BRICS currency, while expressing concerns about tariffs and sanctions.
  • India and China used the BRICS platform to manage bilateral tensions, with each supporting the other’s chairmanship in 2026 and 2027 and cooperating through the New Development Bank.
  • Iran and the United Arab Emirates, despite being on opposing sides in the regional conflict, agreed to the summit declaration after Indian diplomatic efforts.
  • Coverage also highlighted work on cross-border payments, including links between China’s CIPS and India’s UPI, and exploration of interoperable fast-payment systems and central-bank digital currencies.
  • Some analysts questioned whether the summit represented a genuine India-China rapprochement, citing entrenched border and strategic disagreements.
Scroll to Top