BRICS Surpass G7 in Economic Output and Consolidate as Global Force
Analysis highlights BRICS’ transcontinental expansion, the New Development Bank’s role in development financing, and the bloc’s upcoming summit in New Delhi.
Analysis highlights BRICS’ transcontinental expansion, the New Development Bank’s role in development financing, and the bloc’s upcoming summit in New Delhi.
India will host the 2026 BRICS summit in New Delhi amid an expanded membership, a broader agenda, and a more complex geopolitical backdrop.
BRICS intellectual property offices adopted updated cooperation guidelines in New Delhi, focusing on patent examination efficiency, information sharing and innovation.
The article compares BRICS and G7 economic output and examines energy security, oil trade and payment proposals ahead of the summit India is set to host.
The commentary presents BRICS and the Shanghai Cooperation Organisation as models of consensus-based cooperation that enable members to pursue shared interests despite disagreements.
BRICS members unanimously approved Egyptian proposals on industrial property commercialization and patent examination for public health and development.
India is prioritizing emerging technologies, digital public infrastructure and startup cooperation ahead of the BRICS Summit scheduled for September 12–13 in New Delhi.
The article reports that India will host the 18th BRICS Summit in New Delhi on September 12–13, with UN Secretary-General António Guterres expected to attend alongside national leaders.
Two New Development Bank loans will support hospital construction and water infrastructure as South Africa diversifies its financing sources.