BRICS Finance Ministers to Discuss Trade and Digital Currency Ahead of Summit
India will chair a two-day meeting of BRICS finance ministers in New Delhi to explore financial mechanisms, digital currencies, and ways to boost intra-bloc trade.
India will chair a two-day meeting of BRICS finance ministers in New Delhi to explore financial mechanisms, digital currencies, and ways to boost intra-bloc trade.
India frames proposed links between BRICS payment systems and central bank digital currencies as measures to lower costs and speed settlements.
India is facilitating negotiations ahead of the September summit in New Delhi, with discussions focused on consensus, practical trade measures and integrating newer members.
India’s BRICS chairmanship focuses on cooperation in trade, payments, innovation and climate resilience ahead of the New Delhi summit.
The BRICS Leaders’ Summit is expected to be held in New Delhi on 12 and 13 September, with most member states represented at head-of-state or head-of-government level.
The success of India’s BRICS presidency will depend on whether its initiatives retain momentum after the chair passes to China in 2027.
Speakers at the forum in Lucknow highlighted academic cooperation, crisis preparedness, startup collaboration and stronger research networks across BRICS.
An analysis by Observer Research Foundation researchers examines BRICS cooperation, expansion and India’s 2026 presidency agenda of resilience, innovation, cooperation and sustainability.
The Lucknow forum highlighted coordinated investment in children’s health, education and development to support inclusive growth across BRICS.