As India hosts the 18th BRICS summit, its trade deficit with BRICS countries widened to $226.1 billion in FY2025-26, while New Delhi seeks easier market access in six key sectors.
India can show BRICS that not committing to power blocs may be a good idea in the long term
At a BRICS leaders’ session, India promoted the Unified Payment Interface, Russia compared BRICS and G7 economic contributions, and Iran called for resilient trade, financing, and payment channels.
Leaders at the BRICS Business Forum emphasized stronger economic cooperation, wider use of local currencies, safer trade routes, and a greater role for the New Development Bank in infrastructure and energy financing.
As BRICS expands and hosts a summit in New Delhi, analysts examine its economic weight, internal divisions and role as an alternative platform for the Global South.
New Delhi’s municipal council reviewed surveillance and civic monitoring arrangements ahead of the BRICS Summit, while the article outlines the BRICS Business Forum and India’s chairship priorities.
Delhi has established a tight security ring in the air and on the ground for foreign guests attending the BRICS summit, with separate VIP flight routes, altitude restrictions, and a 100-km protection zone.
BRICS leaders gather in India for a two-day summit focused on global and regional issues, with closer coordination expected on trade, technology, energy and climate.
At the BRICS Summit in New Delhi, leaders emphasized secure sea routes, a changing global economic order, and greater use of national currencies in BRICS trade.
