Political row over BRICS: BJP’s RP Singh highlights India’s trade and investment gains

Source: Punjab Kesari | Original Published At: 2026-09-10 08:43:23 UTC

Key Points

• Congress leader P. Chidambaram questioned what benefits India is getting from its participation in BRICS, SCO, G20 and QUAD.
• BJP spokesperson RP Singh said India's trade with BRICS rose from about $102 billion in 2015 to about $400 billion in 2025.
• He said BRICS's share in India's total trade has increased and India's FDI inflow share from BRICS rose from about 4.7% to over 10%.
• He also cited an increase in India's FDI outflow share with BRICS from about 2% to over 11%.
• The BJP spokesperson highlighted energy security from Russia and BRICS Gulf countries, local-currency trade, UPI connectivity and the New Development Bank as BRICS-related economic options for India.
• The 18th BRICS Leaders Summit is scheduled for 12-13 September at Bharat Mandapam in New Delhi, with India chairing BRICS for the fourth time.
• The summit theme is 'Building for Resilience, Innovation, Cooperation and Sustainability'.