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iBRICS Summit 2026: New charter aims to boost digital assets and cross-border payments

iBRICS Summit 2026: New charter aims to boost digital assets and cross-border payments
Countries
BrazilIndia
Cooperation areas
Economic GrowthInstitutional Development

Source: Livemint | Original Published At: 2026-09-14 11:09:08 UTC

Key Points

  • The inaugural iBRICS Summit 2026 was held in New Delhi.
  • The summit concluded with the signing of the DART Charter.
  • The charter establishes a framework for CBDC interoperability, multi-currency clearing, and cross-border payments across BRICS nations.
  • It aims to integrate digital payment systems such as India's UPI and Brazil's Pix.
  • The initiative seeks to reduce reliance on dollar-based payment rails.
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