BRICS Pay has moved from discussion to practical implementation, with cooperation between Russia’s Direct Investment Fund and BRICS Pay India aimed at developing cross-border payment services within the bloc.
India’s hosting of the BRICS summit delivered diplomatic gains, including counter-terrorism language and engagement between Iran and the UAE, while analysts noted the bloc’s tilt toward a China-Russia axis and its silence on major conflicts.
The New Delhi summit produced shared positions on trade, security and artificial intelligence while launching new cooperation mechanisms across technology, health, logistics, agriculture and innovation.
An analysis says BRICS+ expansion may broaden local-currency cross-border trade settlement, with Russia and Iran seen as major beneficiaries.
A US analyst described India’s chairmanship of the 18th BRICS summit as successful, citing the early release of a broad joint declaration and consensus among diverse member states.
Global media assessed the BRICS summit’s restrained statement on West Asia, efforts to reduce dollar dependence, and India-China engagement within the grouping.
Malaysia says its participation in the BRICS Leaders’ Summit aims to promote a fairer international system rather than oppose other blocs.
The article argues that BRICS is becoming a practical economic and diplomatic platform, with India and South Africa positioned to deepen cooperation in trade, finance, industrialisation, technology and shared development.
An overview of BRICS, its membership, and the key outcomes of the 18th BRICS Summit in New Delhi, including the 140-paragraph New Delhi Declaration.
