The BRICS summit in New Delhi on 12-13 September was not only a platform for Global South unity; it also reflected the contradictions among member states as the grouping seeks to shape a new global order.
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.
The New Delhi summit strengthens Narendra Modi’s role in the emerging multipolar order and signals a historic shift in India-China relations within BRICS.
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.
BRICS support for a proposed Grain Exchange could help counter Western commodity traders, but experts cite currency, regulatory and participation challenges.
The Communist Party of India welcomed the BRICS declaration and said the grouping should lead the push for a more representative, democratic and equitable international order.
