Russian President Vladimir Putin used the BRICS Summit in New Delhi to warn Europe against sending troops to Ukraine and to promote deeper BRICS cooperation and a proposed NDB-based investment platform.
Reuters explainer summarizes BRICS’ history, institutional achievements, and current challenges ahead of the group’s summit in New Delhi.
A Reuters factbox outlines BRICS’ history, institutional achievements, expansion, and the geopolitical and internal challenges facing the bloc ahead of a summit in New Delhi.
India is exploring ways to connect BRICS member countries’ central bank digital currencies to ease cross-border payments and reduce reliance on the US dollar.
The Modi-Putin meeting ahead of the BRICS summit highlighted Russia’s push for a stronger bloc and India’s balancing act between BRICS and Western partners.
An editorial on the 18th BRICS Summit argues that India should help make the expanded forum more useful through practical collaboration and difficult conversations, rather than framing it as anti-Western.
Prime Minister Narendra Modi said India is reducing trade barriers and expanding business cooperation under its BRICS chairship, citing new BRICS networks and India’s economic resilience.
NDB President Dilma Rousseff said Russia’s participation in the New Development Bank is important for strengthening the Global South and BRICS.
India’s BRICS summit and the concurrent iBRICS meeting highlight payment infrastructure, local-currency settlement and development finance as the bloc’s practical agenda.
