BRICS Summit is a moment for India to push for a global AI governance framework

Source: The Indian Express | Original Published At: 2026-09-10 11:34:41 UTC

Key Points

• The article argues that India’s BRICS chairship and the New Delhi BRICS Summit offer an opportunity to advance a global AI governance framework.
• It proposes an International Institute for Regulatory Development to research AI, finance and climate risks and build regulatory capacity.
• The proposed institute would exchange regulatory practices and develop proportionate standards linked to the Financial Stability Board, Basel Committee and other global bodies.
• It suggests the institute be seeded in Delhi but remain open to G20, OECD, multilateral development banks and the Financial Stability Board, with the New Development Bank as one possible funder.
• The article calls for a Delhi declaration mandate to create an India-chaired working group, open to non-members, to bring an institute charter to the 2027 summit and present it to the G20 finance track.
• It frames the proposal as a third draft of global governance that includes Global South countries as co-creators of AI rules.