BRICS and the New Global Order

Source: Jornal Económico | Original Published At: 2026-09-14 23:06:26 UTC

Key Points

• The 18th BRICS Summit in New Delhi presented BRICS as a platform for negotiating global governance rather than an ideological alliance.
• The New Delhi Declaration called for reform of the UN Security Council and international financial institutions, condemned protectionism, and sought greater developing-country participation in global rule-making.
• Economic discussions focused on using national currencies and diversifying payment systems to reduce vulnerability to unilateral decisions, without creating an immediate common currency or ending the dollar.
• The summit’s technology agenda included cooperation on open-source artificial intelligence, digital economy, smart industrial technologies, and joint training of engineers and scientists.
• Despite border tensions between India and China and conflicts involving Russia and Iran, members reached common language on the Middle East, food and energy security, climate, supply chains, and global governance.
• The article argues that BRICS’ political significance lies in its ability to manage divergences among diverse members.