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India’s BRICS Chairship: Turning Diversity into Strength

BRICS at a crossroads: Why India's chairship must turn diversity into strength
Countries
India
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentSustainable Development

Source: The Economic Times | Original Published At: 2026-09-07 17:39:48 UTC

Key Points

  • The column identifies the New Development Bank and contingent reserve arrangement as important BRICS mechanisms supporting development and financial resilience.
  • It proposes four priorities for India's chairship: dialogue, resilient supply chains, sustainability and stronger multilateralism.
  • The writer advocates a voluntary BRICS supply-chain resilience framework supported by real-time information, paperless customs, trade finance and secure cross-border payments.
  • The column calls for development-centred climate cooperation that accounts for national circumstances, affordability and different transition pathways.
  • It supports comprehensive UN Security Council reform and greater representation of developing countries in global governance.
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