Durigan Travels to Russia and France for BRICS Bank and G7 Agendas
Brazil’s Finance Minister to attend New Development Bank board meeting in Moscow and G7 ministerial meeting in Paris
Brazil’s Finance Minister to attend New Development Bank board meeting in Moscow and G7 ministerial meeting in Paris
As the 2026 BRICS president, India faces strategic choices in leading the bloc amidst US pressure and internal disagreements while championing a multipolar global order.
India has proposed a new agenda within BRICS to foster cooperation on MSMEs, aiming to help small businesses grow and meet their financing needs through initial discussions with all member countries.
India convenes the first SME Working Group Meeting under its 2026 BRICS Chairship, focusing on MSME finance and fintech ecosystems.
A study supported by the Russian Ministry of Finance highlights the significant financing market potential for research, development, and venture investments within the bloc.
BRICS foreign ministers will convene in New Delhi to discuss payment connectivity and trade settlements aimed at reducing reliance on the US dollar.
Deputy Head of Russian Presidential Administration Maxim Oreshkin highlights the shift of global economic poles to BRICS and the decline of G7 currencies at the ‘Future of the World’ dialogue.
As US influence wanes, the Russia-India-China (RIC) triangle is strengthening ahead of the 2026 BRICS Summit in India, challenging the US-centric global order through de-dollarization and defense cooperation.
An expert analysis contrasts the G20’s lack of enforcement mechanisms with BRICS’ tangible institutional developments like the New Development Bank and payment systems.