The BRICS Bazaar: Talk trade, play chess and make peace

Source: The New Indian Express | Original Published At: 2026-09-12 18:43:55 UTC

Key Points

• The article discusses the BRICS summit held in New Delhi and its emphasis on trade, finance, technology, sovereignty, and peaceful settlement of disputes.
• It notes that the New Delhi Declaration reflected themes such as multipolarity, greater representation in global institutions, and cooperation without imposed hierarchies.
• The piece highlights diplomatic interactions involving Indian Prime Minister Narendra Modi, Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian President Masoud Pezeshkian, and UAE Crown Prince Mohammed bin Zayed.
• It traces BRICS' strategic origins to Yevgeny Primakov's doctrine of multipolarity, Eurasian engagement, and redistribution of global power.
• The article presents India's participation in BRICS as a way to balance concerns about China's influence while supporting broader Global South interests.
• It contrasts U.S. supply-chain and China-plus-one expectations with tariff friction and argues for dialogue among rival states.