Indian officials said BRICS is not currently proposing a shared currency, with discussions focused instead on local-currency trade settlement and payment-system cooperation.
UN Secretary-General Antonio Guterres said the BRICS summit reflects the irreversible rise of multipolarity and makes reform of the UN Security Council and other multilateral institutions essential.
Practical BRICS cooperation in digital technologies is already producing results in logistics, e-commerce, digital payments, and manufacturing automation, according to a Russian technology executive.
BRICS leaders presented a united front against US pressure, but Xi Jinping’s AI offer and Narendra Modi’s warning on critical minerals highlighted limits to bloc cohesion.
The article assesses whether BRICS’ institutional architecture built in New Delhi can translate into trade, investment, and technology flows before China assumes the chair in 2027.
Russian President Vladimir Putin said the complementarity of BRICS member economies is a key, still underused resource for the grouping’s development and practical cooperation.
At the BRICS Summit in New Delhi, India proposed expanding BRICS cooperation into digital agriculture, startups, early warning systems, and resilient supply chains.
The 2026 BRICS summit’s New Delhi Declaration includes education and youth initiatives covering a new university ranking system, AI in classrooms, student mobility, research and startup support, skills and jobs.
At the BRICS summit, Indian Prime Minister Narendra Modi called for inclusive technology adoption and highlighted BRICS initiatives in digital agriculture, startups, supply chains, and early warning systems.
