India’s BRICS presidency highlighted BRICS CONNECT as a people-focused initiative covering skills, employment, women’s workforce participation, social security and capacity building.
At the BRICS summit in Delhi, UN Secretary-General Antonio Guterres supported reforms to the UN Security Council and global institutions to reflect a multipolar world.
The Kremlin said the 2026 BRICS summit declaration included provisions important to Russia, including joint settlement centers and an investment platform.
New Delhi declaration spans finance, AI, food security and multilateral reform, expanding the Global South agenda.
A Rogers Capital Consultancy executive said BRICS is unlikely to reduce dependence on the US dollar or create a common currency in the near term.
The 18th BRICS summit in New Delhi showcased cohesion among the 11 member states and their stated ambition to reshape the global order.
Chinese President Xi Jinping said at the 18th BRICS summit in India that Global South countries should demand fair application of international law without double standards.
Russian President Vladimir Putin said the BRICS New Development Bank needs stronger capacities and an updated business model as financing demands exceed current volumes.
An Indian engineering exporters’ body said BRICS cooperation on non-tariff barriers and payment mechanisms could address most exporters’ challenges.
