BRICS Chips at Dollar Without Fully Dislodging Its Foundations
BRICS is focusing on practical cross-border payment links and local-currency settlement rather than pursuing a common currency, according to an analysis of the New Delhi summit agenda.
BRICS is focusing on practical cross-border payment links and local-currency settlement rather than pursuing a common currency, according to an analysis of the New Delhi summit agenda.
A policy proposal argues that BRICS should expand its sovereignty agenda beyond de-dollarisation to include knowledge sovereignty, especially as AI and digital platforms shape global narratives.
The article describes Prime Minister Modi’s busy schedule and diplomatic balancing at the BRICS summit in New Delhi, including the adoption of a joint declaration by the 11-member grouping.
The 18th BRICS Summit’s New Delhi Declaration condemned unilateral coercive measures and called for ending economic, trade, and financial measures against Cuba.
The unanimous adoption of the New Delhi Declaration at the BRICS summit highlights India’s diplomatic effort and the challenge of maintaining consensus among 11 members with divergent strategic interests.
The BRICS 2026 summit produced a comprehensive New Delhi Declaration, reflecting consensus on terrorism, UN reform, trade and energy issues, while India-China relations remained central to the grouping’s dynamics.
Guterres urged reform of the international financial architecture, stronger climate action, and support for developing countries while addressing the final day of the BRICS Summit.
A BRICS women’s business alliance has called on member states to widen supply-chain participation, financing, digital tools, and investor networks for women-led enterprises.
India’s BRICS presidency secured consensus in the New Delhi Declaration, but the grouping’s credibility now depends on delivering practical outcomes at speed and scale.