What Is BRICS Pay? How the Digital Payment System Could Change Global Trade
BRICS Pay links existing national payment systems to enable cross-border transactions in local currencies and reduce dependence on the US dollar and SWIFT.
BRICS Pay links existing national payment systems to enable cross-border transactions in local currencies and reduce dependence on the US dollar and SWIFT.
International journalists covering the 18th BRICS Summit in New Delhi welcomed discussions on economic cooperation, local-currency trade and digital payment systems, while a Russian blogger called for greater focus on peace.
The BRICS business forum opened in New Delhi ahead of India’s annual summit, with digital technology and resilient trade networks emerging as key priorities for member states.
Indian leaders emphasized trade, innovation, supply-chain cooperation, and a greater role for emerging economies in global institutions ahead of the BRICS summit in New Delhi.
Chinese President Xi Jinping will attend the BRICS Summit in New Delhi and present China’s initiatives for strengthening greater BRICS cooperation, according to a Global Times editorial.
At the BRICS summit in New Delhi, Russian President Vladimir Putin cited Mahindra as an example of BRICS corporate strength and proposed a new platform to channel private investment into infrastructure, logistics and technology.
Delhi police and central agencies have deployed extensive security and surveillance measures for the BRICS Summit 2026, including traffic diversions along VIP routes.
A Times Evoke interview with Professor Jaideep Prabhu argues that BRICS can advance Global South cooperation on climate resilience, energy security, and sustainable innovation.
Xi Jinping and Vladimir Putin will share the same platform, but the central question is India’s diplomacy rather than BRICS itself.