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BRICS set to adopt framework for supply-chain cooperation

BRICS set to adopt framework for supply-chain cooperation
Countries
ChinaIndiaIndonesiaIranRussiaSouth AfricaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentSustainable Development

Source: The Economic Times | Original Published At: 2026-08-28 18:26:00 UTC

Key Points

  • India will chair the 18th BRICS Summit on September 12-13 under the theme 'Building for Resilience, Innovation, Cooperation and Sustainability'.
  • The summit is expected to adopt a voluntary, consensus-based BRICS Logistics Supply-Chain Cooperation Framework to strengthen transport logistics resilience, efficiency, and sustainability.
  • The framework aims to address fragmented supply chains through technical exchange, knowledge sharing on cargo and shipping services, localized assembly and manufacturing ecosystems, capacity building, and climate-resilient logistics practices.
  • India will seek reforms of global institutions including the UN, IMF, and World Bank, while promoting trade in national currencies and discussing future projects of the BRICS Bank.
  • The summit will bring together leaders of 11 BRICS member countries and 10 partner countries, with outreach invitees including ASEAN, the African Union, the GCC, and GRULAC.
  • Unilateral sanctions against some BRICS member countries are expected to receive attention at the summit.
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