India’s Finance Minister Nirmala Sitharaman is in Jaipur for the two-day meeting of BRICS finance ministers and central bank governors under India’s BRICS presidency.
Iran’s central bank governor said Iran will soon become a member of the New Development Bank as BRICS finance ministers and central bank heads meet in India.
Maharashtra Deputy Chief Minister Eknath Shinde called for BRICS cities to share technology, experience and innovation to build sustainable, citizen-centric urban development.
Reserve Bank of India Governor Sanjay Malhotra said BRICS members are discussing possible links between fast payment systems and central bank digital currencies to reduce cross-border payment costs.
RBI Governor Sanjay Malhotra said BRICS countries are studying payment-system linkages and central bank digital currencies to make cross-border transactions faster and cheaper.
Analysts identify shared energy and economic interests that could support BRICS diplomatic coordination despite differences among members.
The 11th BRICS Culture Ministers’ Meeting and BRICS Culture Working Group meetings concluded in Bhopal with the adoption of the Bhopal Declaration, covering UNESCO joint nominations, a shared digital platform, cultural property protection, and people-to-people exchange.
Brazilian President Lula is expected to travel to New York for the UN General Assembly and may meet U.S. President Donald Trump, while presidential aides say he is unlikely to attend the BRICS summit in New Delhi.
More than 15 delegates from the BRICS Culture Working Group and Ministerial Group visited the UNESCO World Heritage Site of Bhimbetka Rock Shelters in India’s Madhya Pradesh.
