India’s Fourth BRICS Chairmanship: What Has Changed
Source: Times Now | Original Published At: 2026-09-02 17:18:36 UTC
Key Points
- India will chair BRICS for the fourth time and host the summit at Bharat Mandapam in New Delhi on September 12 and 13, 2026.
- BRICS has expanded to 11 full members, including the original five plus Egypt, Ethiopia, Iran, the United Arab Emirates, Saudi Arabia, and Indonesia.
- India has also invited 10 partner countries, a category that did not exist during India's previous chairmanship in 2021.
- The 2026 summit marks 20 years since BRICS was founded and adopts the theme "Building for Resilience, Innovation, Cooperation and Sustainability."
- Russian President Vladimir Putin has confirmed his attendance, while Chinese President Xi Jinping may attend, which would be his first India visit since 2019.
- The summit is taking place amid U.S.-India trade tensions linked to tariffs and U.S. legislative pressure over purchases of Russian energy.
- India is expected to promote digital public infrastructure, cheaper cross-border payments, links between fast-payment systems and central bank digital currencies, and wider use of local currencies in trade.