Beyond De-dollarisation: BRICS Search for Financial Resilience
An analysis argues that BRICS should prioritize interoperability, liquidity, crisis resilience, and modular cooperation to build practical cross-border payment options.
An analysis argues that BRICS should prioritize interoperability, liquidity, crisis resilience, and modular cooperation to build practical cross-border payment options.
The New Development Bank is exploring local-currency operations to resume lending to Russia and reduce dependence on the dollar amid sanctions.
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.
Indian observers criticized Western outlets for pairing BRICS summit coverage with images of urban poverty, arguing the framing overlooked India’s development and diplomatic role.
Valdai Club expert Andrei Kortunov said consensus-based groupings such as BRICS, SCO and APEC are shaping a new international architecture, contrasting them with NATO.
The 2026 New Delhi Declaration reflects BRICS member positions on Palestine, Iran, and Gulf diplomacy, showing shifts in regional alignments within the grouping.
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 leaders adopted a 140-point joint statement at their New Delhi summit calling for reforms of Western-dominated financial institutions while avoiding direct references to the United States or President Donald Trump.
A report says India’s gradual BRICS approach and Global South focus are shaping how Southeast Asian countries engage with the bloc.