Xi Jinping returns to India after seven years: BRICS summit begins in New Delhi amid wars and $100 oil
Source: Affaritaliani.it | Original Published At: 2026-09-12 06:44:15 UTC
Key Points
- Chinese President Xi Jinping arrived in New Delhi for the BRICS leaders' summit, his first visit to India since 2019.
- The summit opens with a session on inclusive global governance and strengthening multilateralism, a priority of India's BRICS presidency.
- BRICS members are negotiating a common declaration calling for reform of international institutions and the UN Security Council, greater representation for developing countries, and a shared position against terrorism.
- The forum, created in 2009 and now comprising 11 members, represents about 49.5% of the world's population, 40% of global GDP, and 26% of international trade.
- The summit takes place amid Russia's war in Ukraine, the Middle East conflict involving Iran, and tensions affecting maritime routes and energy markets.
- The closure of the Strait of Hormuz after attacks on Iran has pushed Brent crude above $100 per barrel, and the Iran dossier may become a major fault line within BRICS.
- Xi is scheduled to meet Indian Prime Minister Narendra Modi bilaterally, while Modi has also met Iranian President Massoud Pezeshkian and Russian President Vladimir Putin to discuss defense, energy, trade, and regional conflicts.