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In a World of Regime Complexity, What Does India Want from BRICS?

In a World of Regime Complexity, What Does India Want?
Countries
BrazilChinaIndiaRussia
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional DevelopmentSustainable Development

Source: The Quint | Original Published At: 2026-09-13 05:50:04 UTC

Key Points

  • India’s BRICS chairship reached a diplomatic high point with the adoption of the New Delhi Declaration at the 18th BRICS Summit in New Delhi on 12 September.
  • The declaration reflects BRICS’ role within a complex global institutional landscape, alongside forums such as the G20, Quad, SCO, WTO, World Bank, and IMF.
  • It strengthens BRICS’ development finance agenda by positioning the New Development Bank as a strategic agent for infrastructure investment, local-currency financing, and sustainable development.
  • The declaration supports interoperable payment systems and faster cross-border payments, while avoiding endorsement of a common BRICS currency.
  • It calls for reforms to the United Nations, the Security Council, the Bretton Woods institutions, and the WTO, with greater representation for developing countries.
  • The article argues that India seeks to keep BRICS open and issue-based, complementing its partnerships with the United States, Europe, Japan, and other forums rather than turning it into a rigid anti-Western bloc.
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