Brazil seeks BRICS bank financing for infrastructure investments
Brazilian government presents port, waterway and airport project portfolio to the New Development Bank amid a R$1.2 trillion logistics plan.
Brazilian government presents port, waterway and airport project portfolio to the New Development Bank amid a R$1.2 trillion logistics plan.
India is preparing to host the BRICS leaders’ summit in New Delhi and using it to advance its Global South leadership.
Ahead of the 18th BRICS Summit in New Delhi, Indian exporters urged the government to use the platform to secure measurable commercial gains and reduce trade imbalances with member countries.
An opinion column marks 25 years of BRICS and argues that BRICS+ is challenging Western-dominated global economic governance by promoting multilateralism, national-currency trade and alternative financial institutions.
BRICS accounts for nearly 40% of global GDP by purchasing power parity, compared with about 29% for the G7, while intra-bloc trade remains limited relative to the group’s economic size.
Ahead of the 18th BRICS Summit in New Delhi, India is expected to emphasize dialogue, practical economic cooperation, and institutional reform while hosting an expanded and diverse membership.
Commerce and Industry Minister Piyush Goyal said India’s merchandise exports grew more than 15% in April-August and called for deeper BRICS trade cooperation, stronger support for women-led businesses, and digital trade facilitation.
As Iran and the United Arab Emirates bring opposing positions on West Asia to the BRICS 2026 summit in New Delhi, India faces the task of balancing diplomatic tensions while keeping the agenda focused on trade, energy, supply chains and development finance.
India is inviting major regional blocs to the BRICS Summit in New Delhi to broaden engagement with the Global South and expand cooperation among developing economies.