India has advanced BRICS discussions on cross-border payment interoperability and local-currency trade settlements, according to Department of Economic Affairs Secretary Anuradha Thakur.
An analysis of India’s BRICS presidency highlights institutional initiatives, economic diplomacy, people-to-people engagement, and the emerging contest over technology cooperation within BRICS.
India’s BRICS presidency emphasized practical, sector-specific cooperation to keep the expanded and diverse grouping functional.
An opinion piece argues that BRICS should focus on lowering cross-border business costs and delivering tangible outcomes in trade, investment, technology, finance, and sustainability.
An opinion piece proposes a federated BRICS health information exchange framework based on India’s digital public infrastructure experience.
Former Foreign Secretary Shashank says BRICS has expanded beyond economic cooperation to strategic issues, and that India’s role is significant while balanced India-China ties, energy security and UN reform support remain important.
A commentary argues that BRICS has evolved from a geoeconomic grouping into a broader platform for Global South strategic autonomy, while expansion and divergent interests make internal coherence more difficult.
BRICS Pay is being developed to connect national payment systems, reduce reliance on SWIFT, and facilitate cross-border transactions in local currencies among BRICS members.
The 2026 BRICS Summit in New Delhi adopted the New Delhi Declaration on the first day, underscoring India’s chairmanship and BRICS cooperation on financial reform, local currencies, and digital public infrastructure.
