Bertrand: BRICS Builds Institutions for a New Era

Source: Brasil 247 | Original Published At: 2026-09-13 10:13:46 UTC

Key Points

• BRICS approved a 140-paragraph joint declaration at a summit held under India's presidency.
• The declaration covers Middle East conflicts, artificial intelligence, finance, trade, agriculture, food security, technology and multilateral reform.
• BRICS reaffirmed multilateralism, sovereignty, equality among states, solidarity, consensus and respect for international law.
• The group called for comprehensive UN reform, including the Security Council, with greater representation for Africa, Asia and Latin America.
• BRICS sought changes in IMF and World Bank governance to increase the voice of emerging and developing economies.
• The bloc advanced cooperation instruments such as cross-border payments, greater use of local currencies and activities linked to the New Development Bank.
• Analyst Arnaud Bertrand said the declaration reflects a long-term BRICS strategy to build institutional mechanisms for Global South cooperation.