China’s economic dominance looms over BRICS
Beijing’s growing economic heft highlights its role in multilateral fora; within BRICS, China is the largest trading partner of every member-state.
Beijing’s growing economic heft highlights its role in multilateral fora; within BRICS, China is the largest trading partner of every member-state.
At the BRICS summit in New Delhi, President Cyril Ramaphosa called for the equal application of international law, accountability in Palestine, Sudan and Iran, and urgent UN Security Council reform.
A six-day BRICS Bazaar in Delhi showcases handicrafts and cultural expressions from 18 countries, linking artisans with buyers and promoting people-to-people exchange.
The BRICS New Delhi Declaration opposed forced displacement of Palestinians, backed Palestinian statehood and called for de-escalation across the Middle East.
Under India’s chairship, BRICS is seeking to deepen cooperation in digital payments, artificial intelligence, digital public infrastructure, quantum technology, semiconductors, startups and other emerging technologies.
The New Delhi Declaration calls on the New Development Bank to scale local-currency financing, diversify funding sources, and support infrastructure and sustainable development as the lender enters its second decade.
BRICS nations endorsed India’s proposals to create a sports technology working group and host a sports goods manufacturing conclave, while reviewing progress under the BRICS Sports Working Group.
The New Delhi Declaration highlights BRICS cooperation on food security, agricultural productivity, and plans for a BRICS Grain Exchange.
BRICS summit participants issued a joint declaration opposing unilateral sanctions and addressing Lebanon, Cuba, nuclear safeguards, and space security.