How BRICS nearly tripled its share of world output
As BRICS opens its New Delhi summit, its economic weight differs sharply under purchasing-power parity and dollar measures, shaping its push for greater voting power and local-currency trade.
As BRICS opens its New Delhi summit, its economic weight differs sharply under purchasing-power parity and dollar measures, shaping its push for greater voting power and local-currency trade.
BRICS approaches its 18th summit as a more mature mechanism positioned to lead global cooperation amid weakening international institutions.
BRICS finance ministers and central bank governors called for reform of global development financial institutions and stronger coordination on cross-border payments ahead of the India-hosted BRICS summit.
The 18th BRICS Summit in New Delhi will focus on reforming global institutions to reflect contemporary economic and geopolitical realities, with India seeking dialogue-based changes rather than replacing the existing multilateral order.
Ahead of the BRICS Summit in New Delhi, Russian President Vladimir Putin arrived in India and held a bilateral meeting with Prime Minister Narendra Modi, with defense, energy, trade, investment, and global issues expected on the agenda.
A BRICS cultural exhibition in New Delhi brings together artisans, designers and creative enterprises from member and partner countries on the sidelines of the 18th BRICS Summit.
A BRICS Tourism and Women Business Alliance representative praised India’s hosting of the BRICS Business Forum and urged stronger India-South Africa cooperation on women-led entrepreneurship.
Union Minister G Kishan Reddy said critical minerals will be a major agenda item at the BRICS Summit hosted by India, while highlighting efforts to secure lithium supplies.
Iranian President Masoud Pezeshkian has called for expanding the use of BRICS financial mechanisms, including the New Development Bank and local-currency trade, to reduce dependence on the US dollar ahead of the BRICS summit in New Delhi.