Who Will Bear the Cost of the BRICS Summit in Delhi, and How Will India Benefit?
The 18th BRICS summit in New Delhi offers India an opportunity to strengthen its global standing, energy security, and economic cooperation through the BRICS mechanism.
The 18th BRICS summit in New Delhi offers India an opportunity to strengthen its global standing, energy security, and economic cooperation through the BRICS mechanism.
Ahead of the BRICS summit in New Delhi, China’s ambassador proposed a five-principle framework for the grouping, while the article examines the challenges posed by expansion and divergent member interests.
The PHD Chamber of Commerce and Industry urged BRICS to convert cooperation into practical benefits for Indian businesses through trade facilitation, payment links, and SME finance.
A proposal to link BRICS central bank digital currencies for cross-border payments is expected to be on the leaders’ summit agenda, according to sources.
Bangladesh’s High Commissioner to India said Prime Minister Tarique Rahman skipped the BRICS Summit in India due to “certain context and circumstances,” while discussing Bangladesh’s engagement with regional multilateral platforms.
The India-hosted BRICS summit is expected to focus on UPI-based cross-border payments, intra-BRICS trade expansion, and reduced reliance on the US dollar and SWIFT.
India is proposing to connect BRICS central bank digital currencies to improve cross-border payments, but the initiative faces technical and geopolitical hurdles.
As India assumes the BRICS chairship for the fourth time, the BRICS India 2026 logo and summit theme are explained, with symbolism drawn from the lotus, petals and the ‘Namaste’ greeting.
Congress leader P. Chidambaram questioned the benefits of India’s participation in BRICS, SCO, G20 and QUAD, while BJP spokesperson RP Singh responded with trade, investment, energy and financial cooperation data ahead of the 18th BRICS Leaders Summit in New Delhi.