An analysis of BRICS’ post-2023 expansion, internal coherence challenges, and India’s 2026 chairship, arguing that development and economic cooperation will determine whether the grouping can deliver tangible outcomes.
American economist Jeffrey Sachs said BRICS supports a multipolar and genuinely multilateral global order, not an alliance against the United States, and backed alternatives to the US dollar because of its weaponisation.
Saudi Arabia is deepening economic and diplomatic ties with BRICS and India while keeping formal membership unresolved as it balances its strategic relationship with the United States.
An opinion piece argues that Western anxiety about BRICS+ reflects the decline of the trans-Atlantic order more than the weakness of the grouping.
India’s BRICS presidency shaped a consensus-based New Delhi Declaration, emphasizing an inclusive, non-confrontational orientation and practical cooperation across multiple sectors.
Iranian Foreign Minister Abbas Araghchi said Iran is working on joining the New Development Bank established by BRICS, while no timeline or formal application details were provided.
Iranian President Masoud Pezeshkian said BRICS was created to counter US sanctions imposed at will and to build economic cooperation independent of unilateral US pressure, IRNA reported.
Uruguay’s Foreign Minister Mario Lubetkin hailed India’s BRICS chairmanship and the adoption of a consensus-based declaration, while also discussing deeper India-Uruguay and India-Mercosur ties.
At the 2026 BRICS Summit in New Delhi, Chinese President Xi Jinping highlighted BRICS’ 20-year cooperation, while the summit emphasized multilateralism, inclusive global governance, and sustainable growth.
