A five-day BRICS anti-money laundering and counter-terror financing training programme concluded in India, focusing on FATF methodologies, emerging risks, and BRICS best practices ahead of the BRICS Summit.
Kremlin spokesperson Dmitry Peskov said President Vladimir Putin’s bilateral meetings during the BRICS summit in New Delhi focused on practical issues, including finance and settlement matters reflected in the summit’s final declaration.
EEPC India called for removing non-tariff barriers and establishing efficient payment mechanisms among BRICS nations to strengthen trade, particularly in engineering goods.
At the final session of the BRICS Summit, Russian President Vladimir Putin proposed creating a BRICS insurance mechanism and a common grain market to strengthen member states’ independent trade, finance, and food systems.
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.
