BRICS carries the work the G20 left behind
An analysis argues that BRICS has taken up practical global governance files on climate adaptation, early warning systems, and asset recovery as the G20 agenda narrows.
An analysis argues that BRICS has taken up practical global governance files on climate adaptation, early warning systems, and asset recovery as the G20 agenda narrows.
A trade exposure analysis suggests that a wider BRICS+ network could allow India to settle about 40 percent of its trade with member and partner economies in local currencies.
The 18th BRICS Summit in New Delhi adopted a declaration addressing cross-border digital fraud, AI governance, local currency settlement, and financial sector resilience among BRICS member states.
The 18th BRICS Summit in New Delhi brought together leaders from China, Russia, South Africa and other member states, strengthening India’s role in coordinating dialogue among emerging economies.
The 18th BRICS Summit adopted a New Delhi Declaration emphasizing local currencies, WTO reform, opposition to protectionism, and gradual financial cooperation, but implementation will determine its economic impact.
Indian Prime Minister Narendra Modi outlined India’s BRICS Presidency priorities and called for concrete business cooperation benchmarks across BRICS.
Andhra Pradesh Chief Minister N. Chandrababu Naidu and Deputy Chief Minister Pawan Kalyan praised India’s successful hosting of the 18th BRICS Summit and the adoption of the New Delhi Declaration.
India is discussing central bank digital currency links with several BRICS partner countries to improve cross-border payment interoperability.
At the 18th BRICS Summit in New Delhi, President Cyril Ramaphosa highlighted a local-currency payment experience and called for advancing BRICS payment cooperation.