Alarm over increase in global military spend
BRICS leaders’ New Delhi Declaration expressed alarm at rising global military spending and nuclear risks while linking the trend to development financing.
BRICS leaders’ New Delhi Declaration expressed alarm at rising global military spending and nuclear risks while linking the trend to development financing.
BRICS countries agreed in a joint declaration to deepen cooperation on sustainable transport, digital connectivity, public-private partnerships and the New Development Bank’s role, while opposing unilateral protectionist measures.
BRICS members adopt the New Delhi Declaration to deepen cooperation in science, education, innovation, and skills through shared research infrastructure, startup support, and university ranking initiatives.
BRICS leaders at the 18th Summit reaffirmed people-to-people, cultural, education, labour, tourism, sport, and youth cooperation through the New Delhi Declaration.
BRICS states agreed on a joint final declaration after negotiations lasting into the early morning hours; Berliner Zeitung presents the full text in German.
As India hosts the 18th BRICS Summit, new trade data show China accounting for a larger share of BRICS merchandise trade, while India’s share remains considerably smaller.
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.
A Global Trade Research Initiative report says BRICS leaders are likely to discuss expanding local-currency trade and payment links, while a common BRICS currency remains unrealistic.
An ASSOCHAM report says India’s total trade with BRICS countries rose from $203 billion in 2020-21 to $417 billion in 2025-26, with exports to BRICS potentially reaching $200 billion by 2030.