The World Needs BRICS to Be the Adult in the Room
BRICS approaches its 18th summit as a more mature mechanism positioned to lead global cooperation amid weakening international institutions.
BRICS approaches its 18th summit as a more mature mechanism positioned to lead global cooperation amid weakening international institutions.
BRICS finance ministers and central bank governors called for reform of global development financial institutions and stronger coordination on cross-border payments ahead of the India-hosted BRICS summit.
The 18th BRICS Summit in New Delhi will focus on reforming global institutions to reflect contemporary economic and geopolitical realities, with India seeking dialogue-based changes rather than replacing the existing multilateral order.
A BRICS Tourism and Women Business Alliance representative praised India’s hosting of the BRICS Business Forum and urged stronger India-South Africa cooperation on women-led entrepreneurship.
Iranian President Masoud Pezeshkian has called for expanding the use of BRICS financial mechanisms, including the New Development Bank and local-currency trade, to reduce dependence on the US dollar ahead of the BRICS summit in New Delhi.
BRICS leaders gather in New Delhi for an India-hosted summit focused on global trade, regional crises, economic resilience and cooperation with the Global South.
BRICS finance chiefs support stronger PPP frameworks, risk-sharing mechanisms and multilateral guarantees to make emerging-market infrastructure projects more bankable.
Indian External Affairs Minister S. Jaishankar called for greater private-sector engagement in shaping BRICS’ economic cooperation agenda.
The BRICS summit in New Delhi is expected to focus on geopolitical and economic tensions, including US pressure over dollar dominance and efforts to avoid direct confrontation with Washington.