Deputy Head of Russian Presidential Administration Maxim Oreshkin highlights the shift of global economic poles to BRICS and the decline of G7 currencies at the ‘Future of the World’ dialogue.
As US influence wanes, the Russia-India-China (RIC) triangle is strengthening ahead of the 2026 BRICS Summit in India, challenging the US-centric global order through de-dollarization and defense cooperation.
India and China maintain communication to strengthen cooperation under BRICS mechanism, with Beijing endorsing India’s rotating presidency of the group.
Media executives from multiple countries will convene for TV BRICS initiative focused on developing multipolar global communications system.
Consensus could not be reached among BRICS member countries due to sharp differences regarding the conflict involving the US and Israel. During the BRICS group meeting in New Delhi last week, India’s efforts to build consensus on this conflict failed.
Sharp disagreements among BRICS members over the US-Israel conflict with Iran prevented India from forging a unified position, resulting in no collective statement.
India’s BRICS presidency coincides with global uncertainty and turmoil. As a voice of the Global South, BRICS awaits the coherence needed to improve its effectiveness.
An expert analysis contrasts the G20’s lack of enforcement mechanisms with BRICS’ tangible institutional developments like the New Development Bank and payment systems.
Russian Deputy Foreign Minister highlights need for joint international community efforts to find solution to current situation
