At the BRICS summit in New Delhi, South African President Cyril Ramaphosa said BRICS should defend UN-centered multilateralism, promote reform, and demonstrate that cooperation delivers practical development results.
The BRICS New Delhi Declaration emphasized MSME development, trade finance, WTO accession support for Ethiopia and Iran, and reforms of global economic institutions.
BRICS nations endorsed India’s proposals to create a sports technology working group and host a sports goods manufacturing conclave, while reviewing progress under the BRICS Sports Working Group.
The article argues that BRICS has strengthened the Global South’s influence against unilateralism, protectionism and Western dominance over global governance.
BRICS Summit 2026 outcomes under India’s chairship include plans to expand trade finance for MSMEs, strengthen global value chains, and support startups through proposed funds and networks.
BRICS leaders called for reliable, diversified and resilient critical minerals supply chains, with greater value addition and more equitable participation of developing countries in higher-value global manufacturing.
BRICS countries called for energy security through diversified sources, stable markets and inclusive transitions, while recognising the continued role of fossil fuels for emerging and developing economies.
At the 18th BRICS summit in New Delhi, President Putin and other BRICS leaders toured the Innovative India exhibition and a photo display marking the bloc’s 20th anniversary.
The Indonesian government clarified that BRICS membership does not automatically remove import tariffs or weaken national trade safeguards against import surges.
