India hosted the 18th BRICS Summit in New Delhi and secured consensus on a 45-page New Delhi Declaration addressing terrorism, Western trade measures, regional conflicts, and local currency trade.
At the 18th BRICS Summit in New Delhi, an Egyptian AI expert praised India’s leadership and the summit’s emphasis on artificial intelligence, sovereign AI, technology cooperation, and the adoption of the New Delhi Declaration 2026.
A UN spokesperson said BRICS has become a strong platform for emerging voices beyond Western countries, while highlighting India’s chairmanship and the New Delhi declaration.
BRICS countries’ New Delhi declaration identifies energy security as central to development and rejects unilateral carbon border measures such as the EU CBAM.
A BRICS declaration supported local currency trade settlements and cross-border payment cooperation while criticizing unilateral tariffs, sanctions, and coercive measures.
India said there is no proposal for a common BRICS currency, while BRICS members are exploring local-currency settlement to reduce transaction costs and improve cross-border trade payments.
Xi Jinping and Vladimir Putin shared the stage at the BRICS summit, but the article argues the central story was India’s diplomacy and its ability to build consensus.
As the BRICS summit in New Delhi continues, the article compares BRICS and G7 in terms of membership, population, economic size, trade, and geopolitical orientation.
The 18th BRICS Summit in New Delhi entered its second day with the adoption of the New Delhi Declaration, leaders’ plenary sessions, and multiple bilateral meetings hosted by Indian Prime Minister Narendra Modi.
