Kremlin spokesman Dmitry Peskov said ahead of the BRICS summit in New Delhi that 90% of Russia’s payments with BRICS countries are conducted in national currencies, while the bloc is not seeking to fully abandon the dollar.
India’s proposed BRICS agenda emphasizes digital public infrastructure, local-currency trade, MSME support, youth exchanges and sustainable energy cooperation.
An Indian expert says the upcoming New Delhi BRICS summit is a key step in the bloc’s institutional development after expansion, with practical cooperation mechanisms expected to take priority over a single headline declaration.
India will host the 18th BRICS Summit in 2026 under a chairship theme focused on resilience, innovation, cooperation, and sustainability.
The September 12-13 BRICS summit in New Delhi is portrayed as a possible shift from expansion to consolidation, with India, China and Russia central and Brazil represented by its foreign minister.
Proposal links instant payment systems, digital currencies, and trade in local currencies
India will propose a BRICS framework for faster financial and investigative information sharing to track economic fugitives and support extradition and asset recovery efforts.
An opinion commentary argues that BRICS should move beyond consensus-driven declarations toward sector-specific minilateral coalitions that help businesses build projects, deepen markets, and secure supply chains.
An opinion column outlines priorities for India’s BRICS chairship, focusing on dialogue, supply-chain resilience, sustainability and more representative global governance.
