✨ 2026 Shanghai Summer School (BRICS Program) students lists are now available. View Details

BRICS at 20 and What the 18th Summit Is About

BRICS at 20 and what the 18th Summit is about
Countries
BrazilChinaEgyptEthiopiaIndiaIndonesiaIranRussiaSaudi ArabiaSouth AfricaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentPeople-to-People ExchangeSustainable Development

Source: The New Indian Express | Original Published At: 2026-09-12 11:47:26 UTC

Key Points

  • The 18th BRICS Summit is being held in New Delhi on September 12-13, 2026, under India's chairship, marking 20 years since the grouping began as BRIC.
  • India's 2026 chairship priorities are resilience, innovation, cooperation and sustainability, covering trade, finance, supply chains, health, agriculture and development.
  • BRICS has grown from four members to 11, including South Africa, Egypt, Ethiopia, Iran, Saudi Arabia, the United Arab Emirates and Indonesia.
  • The 11 BRICS members account for about 49.5% of the world's population, 40% of global GDP and 26% of global trade, but differ widely in income, production and trade patterns.
  • BRICS cooperation mechanisms include the New Development Bank, the Contingent Reserve Arrangement, and discussions on national-currency settlement and cross-border payments.
  • The summit agenda includes trade and investment, supply-chain resilience, financial cooperation, innovation, startups and digital payments, while BRICS remains not a customs union or single market.
Scroll to Top