BRICS meet may set stage for India-China economic reset

Source: The Financial Express | Original Published At: 2026-09-10 15:38:37 UTC

Key Points

• The 18th BRICS Summit in New Delhi will include leaders' discussions on trade and investment, technology, energy and food security, resilient supply chains and global governance.
• India's presidency is seeking concrete economic deliverables rather than another broad political statement.
• The economic agenda is likely to be dominated by the Strategy for BRICS Economic Partnership 2030, proposed at the 17th BRICS Summit in Rio de Janeiro and succeeding the 2025 strategy.
• India is expected to favour practical financial cooperation, including cross-border digital payments, local-currency settlements and greater interoperability among payment systems.
• The summit's first day will focus on inclusive global governance and strengthening multilateralism, while the second day will include expanded discussions with BRICS partner countries on resilience, innovation, cooperation and sustainability.
• A Modi-Xi meeting on September 12 will cover bilateral relations, the border situation and economic ties, including trade, investment and technology access.
• A Modi-Putin meeting on September 11 will focus on energy, defence and strategic cooperation, including discussions on Su-57 technology transfer and BrahMos missile system upgrades.