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India Summit Reaffirms the Accommodative Rationale of BRICS

India summit reaffirms the accommodative rationale of BRICS
Countries
BrazilChinaEgyptEthiopiaIndiaIndonesiaIranRussiaSaudi ArabiaSouth AfricaUnited Arab Emirates
Cooperation areas
Economic GrowthInclusive MultilateralismInstitutional Development

Source: Modern Diplomacy | Original Published At: 2026-09-15 05:30:26 UTC

Key Points

  • India hosted the 18th BRICS Summit in New Delhi under its BRICS presidency, coinciding with the UN Day for South-South Cooperation.
  • The summit produced a 140-point New Delhi Declaration after extensive negotiations, using consensus language to avoid directly attributing contentious positions to individual members.
  • India stated that BRICS is not anti-West and seeks to include all partners, while plans for a common BRICS currency were shelved.
  • BRICS has expanded to 11 members since 2024, collectively representing nearly half the world's population, two-fifths of global GDP, and over one-fourth of global trade.
  • India's presidency reported more than 50 practical outcomes across resilience, innovation, cooperation, and sustainability, including trade, finance, energy, digital public infrastructure, agriculture, health, and scientific research.
  • The declaration supported reforms of the United Nations and Bretton Woods institutions and clarified that local currency settlements are not intended to replace the existing global payment framework.
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