BRICS: Building New Payment Networks
India’s UPI and Brazil’s Pix are exploring links with foreign central banks to expand cross-border payments within and beyond BRICS.
Finance
BRICS Balancing Act: India Puts Next-Generation Ministers in the Spotlight
India’s BRICS presidency highlights diplomatic protocol choices and internal challenges as the grouping faces geopolitical tensions and limited consensus.
In editorial, Global Times says Xi is expected to present initiatives to raise the quality of cooperation among BRICS members
The meeting takes place as the mechanism marks its 20th anniversary, expands its international presence and attracts new countries from the Global South.
Russian President at BRICS Summit Points to Need to Reform WTO and IMF
Speaking at the BRICS summit, Russian President Vladimir Putin said the WTO, IMF and World Bank need to be improved and called for stronger coordination by BRICS countries within these institutions.
Putin Highlights ‘Substantial Advantage’ of BRICS
Russian President Vladimir Putin said BRICS has substantial intellectual and technological potential and can help shape institutions for emerging sectors such as platform economy, fintech, and digital trade.
Putin says BRICS countries continue strengthening cooperation in key areas
Russian President Vladimir Putin said BRICS members are deepening cooperation in politics and security, economy and finance, and culture and humanitarian spheres at a meeting in New Delhi.
PM Modi Outlines 20-Year BRICS Vision
PM Modi proposed transforming BRICS from a ‘pyramid of power’ into a ‘platform of partnership’ and called for 10 global governance reform proposals by the next BRICS Summit.
‘We Are Not Against Anyone’: PM Modi Sends Major Message at BRICS Summit, Calls for UNSC Reforms
At the BRICS Summit in Delhi, PM Modi said BRICS seeks progress with all countries, proposed a continuity and implementation mechanism, and called for time-bound reforms in the UN Security Council and global financial institutions.
BRICS Overcomes Differences and Finalizes Joint Declaration in India
A BRICS joint declaration is set to be released after India-led negotiations resolved geopolitical impasses among member states.