Difference and Unity
Ahead of the BRICS summit in New Delhi, the article argues that political differences among members are secondary to BRICS’ core aim of advancing economically outside Western-dominated institutions.
Ahead of the BRICS summit in New Delhi, the article argues that political differences among members are secondary to BRICS’ core aim of advancing economically outside Western-dominated institutions.
BRICS negotiators are finalizing the Delhi Declaration ahead of the New Delhi summit, with one paragraph on the Iran war and attacks on the UAE still unresolved.
Pakistan’s application for BRICS membership remains stalled because India opposes it, despite backing from Russia and China, under the bloc’s consensus-based admission process.
At the BRICS summit in New Delhi, India must manage an increasingly heterogeneous grouping without letting China set the agenda or allowing Russia’s confrontation with the West to dominate the bloc.
At the 18th BRICS summit in New Delhi, Iranian President Masoud Pezeshkian called on BRICS to prevent obstruction of legitimate trade and deepen operational cooperation, including expanded use of national currencies.
At the BRICS Business Forum in New Delhi, leaders highlighted the bloc’s growing economic weight, sanctions pressure, and proposals for new financial and logistical mechanisms.
Business leaders and global experts said India’s growth, entrepreneurship and digital infrastructure can deepen trade and investment cooperation with BRICS economies.
State leaders from the BRICS group are meeting in Delhi, India, to address global tensions and economic challenges amid the influence of Donald Trump’s policies, according to BBC commentary.
BRICS is promoting local-currency trade and interoperable payment systems, but not explicitly calling for de-dollarisation or a common currency. For India, rupee settlement may support exports and reduce dollar-sanction exposure, while trade imbalances and dollar dominance remain challenges.