BRICS members are advancing financial cooperation under India’s 2026 chairship, with priorities spanning cross-border payments, local-currency settlement, the New Development Bank, customs cooperation, cybersecurity, and responsible AI use in finance.
BRICS finance ministers and central bank governors agreed to advance interoperable payments, local-currency settlements, development finance and customs cooperation under India’s 2026 chairship.
As BRICS leaders meet in Delhi, internal divisions and US policy pressures make a united response to Washington unlikely.
The BRICS Summit 2026 in New Delhi is expanding its agenda beyond trade and investment to include cooperation on AI, semiconductors, digital services, startups, and digital infrastructure.
Russian President Vladimir Putin has arrived in New Delhi for the 12–13 September BRICS summit and is scheduled to hold talks with Indian Prime Minister Narendra Modi.
Kremlin said Putin and Xi could have brief informal contacts at the BRICS summit, while detailed talks are not planned.
India’s Commerce and Industry Minister Piyush Goyal urged BRICS member and partner countries to link payment systems, promote local currency trade, and make digital trade easier globally at the BRICS Business Forum 2026.
The 18th BRICS Summit in New Delhi brought together Indian, Russian, Chinese and Iranian leaders, with discussions on local currencies, digital payments and wider geopolitical implications.
India’s BRICS chairship highlights resilience, innovation, cooperation and sustainability, with the UAE participating across multiple tracks ahead of the New Delhi summit.
