Egypt Says It Has Achieved Major Gains Through BRICS Membership
Egypt’s Foreign Ministry says joining BRICS in 2024 has boosted trade, tourism, and investment prospects, while opening financing channels through the New Development Bank.
Finance
Intra-BRICS Trade Rises 13-Fold in 21 Years to $1.17 Trillion, Says Commerce Secretary
At the second BRICS trade contact group meeting in Gandhinagar, India highlighted strong growth in intra-BRICS trade and discussed deeper integration, resilient value chains, and expanded services trade.
BRICS Backs India’s Push Against Terrorism, Condemns Pahalgam Attack
At the BRICS Foreign Ministers’ Meeting in New Delhi, members endorsed India-backed priorities, condemned terrorism, and advanced cooperation across governance, development, and digital agendas despite no joint statement on West Asia.
Dilma Rousseff outlines BRICS bank strategy to respond to global crises
The former Brazilian president proclaimed that the BRICS bank must develop a new strategy to maintain the development course over the next five years.
Russia Proposes New BRICS Investment Platform
At a session marking BRICS’ 20th anniversary, Russia’s foreign minister proposed a new investment platform to fund development projects, including via digital assets, with a potential role for the New Development Bank.
“Not a matter of choice”: India signals urgent need for global governance overhaul at BRICS
India urged BRICS to champion sweeping reforms, calling global institutional overhaul ‘not a matter of choice, but of necessity.’ Seeking a ‘more representative’ UN Security Council and fairer financial systems, India warned that ‘reform is overdue’ to address modern challenges like supply chain fragility and energy insecurity.
BRICS delegation explores GIFT City’s role as India’s gateway to cross-border finance
A high-level BRICS delegation visited India’s GIFT City to examine its IFSC ecosystem ahead of India’s 2026 BRICS Chairship and Summit.
Dilma Rousseff Says BRICS Bank Is Launching a New Strategy With a Clear Long-Term Vision
At the NDB annual governors’ meeting in Moscow, the bank outlined priorities for local-currency financing, digital financial tools, sustainable infrastructure, and broader Global South cooperation.
BRICS Delegation Visits GIFT City
Representatives from BRICS countries toured India’s GIFT City to review IFSC capabilities and discuss cross-border finance and cooperation during India’s 2026 BRICS Chairship.