BRICS Summit in New Delhi Takes Place Under Shadow of Trump Threats
Source: Τα Νέα Οnline | Original Published At: 2026-09-11 10:05:21 UTC
Key Points
- The BRICS summit in New Delhi is expected to involve leaders of 11 countries, including India, China, Russia, Brazil, South Africa, the United Arab Emirates and Iran, with Saudi Arabia attending as an invited member.
- Iran war, new US tariff threats and energy market pressures are expected to dominate discussions, as BRICS members seek common positions without direct confrontation with Washington.
- Diverging national interests make a unified anti-US stance difficult, with India negotiating a trade deal with the United States, China avoiding the impression of using BRICS against Washington, and the United Arab Emirates hosting US military bases.
- Donald Trump has repeatedly warned BRICS not to reduce the dominance of the US dollar in international trade and previously threatened 100% tariffs if members support an alternative currency.
- BRICS members are expected to examine ways to strengthen intra-block economic transactions and facilitate cross-border payments in local currencies, a priority for Russia and Iran under US sanctions.
- According to a BBC Monitoring analysis cited in the article, expanded BRICS represent about 49% of the world population, 40% of global GDP and 26% of international trade.
- The New Development Bank remains a central economic tool, having approved billions of dollars for infrastructure and development projects, while India sees the summit as an opportunity to lead the Global South and manage BRICS disagreements.