BRICS: A Rising Bloc Reshaping the Global Economy
The article outlines the origins, expansion, institutional development, and growing economic influence of BRICS, including its strategic goals and upcoming India presidency.
The article outlines the origins, expansion, institutional development, and growing economic influence of BRICS, including its strategic goals and upcoming India presidency.
Leaders of the main emerging economies meet in India with very different priorities, especially on wars.
Iranian President Masoud Pezeshkian left Tehran for New Delhi to attend the 18th BRICS Summit, saying the grouping aims to counter unilateralism and deepen economic, trade, industrial and scientific cooperation.
Philippine President Ferdinand Marcos Jr. will attend the BRICS Summit in India as ASEAN chair, while also pursuing bilateral ties with New Delhi.
SBS Hindi reports that a BRICS summit is scheduled to begin in Delhi, with Indian Prime Minister Narendra Modi expected to hold bilateral talks with leaders from Russia, Iran and China, while trade is reported as a top agenda item.
The 18th BRICS Summit will be held in New Delhi on September 12-13, with India chairing the bloc and hosting leaders for discussions on cooperation and economic priorities.
BJP National Spokesperson and Rajya Sabha MP Sudhanshu Trivedi highlighted India’s growing role in BRICS as the country hosts the 18th BRICS Leaders’ Summit and business forum in New Delhi.
Ahead of the September 12-13 BRICS summit in New Delhi, India is expected to focus on cross-border digital payments, CBDC interoperability, and faster settlement in national currencies rather than backing a common BRICS currency.
External Affairs Minister S. Jaishankar highlighted India’s potential contribution to BRICS economic cooperation at the BRICS Business Forum, urging integration of business perspectives ahead of the BRICS summit.