BRICS at 20: A Win for India Facing China Test Next
India strengthened BRICS consensus at its 20th-anniversary summit, but China’s chairmanship will test cohesion and Global South agency.
India strengthened BRICS consensus at its 20th-anniversary summit, but China’s chairmanship will test cohesion and Global South agency.
Chinese strategic analysts frame Saudi Crown Prince Mohammed bin Salman’s Cairo visit as supporting Red Sea security, Belt and Road interests, and BRICS economic cohesion.
At the 18th BRICS Summit, India helped the expanded 11-member bloc reach a joint declaration by focusing on trade, technology, and Global South representation while avoiding blame on divisive geopolitical issues.
BRICS cross-border payments work has advanced through declarations, central-bank task forces and bilateral payment links, but the New Delhi summit stopped short of a bloc-wide currency or settlement system.
Experts said India’s BRICS presidency and the 18th BRICS Summit demonstrated New Delhi’s ability to convene an expanded grouping and build consensus on practical cooperation across trade, security, technology, finance and Global South engagement.
The article summarizes the main outcomes of the recent BRICS Summit, including calls for multilateral reform, local-currency trade, regional diplomacy, counter-terrorism consensus, and cooperation on AI and climate issues.
The 18th BRICS Summit in New Delhi approved agriculture-focused initiatives, including BRICS Agrin and a digital agriculture network, aimed at supporting farmers through technology, climate cooperation and trade.
BRICS leaders discussed expanding local-currency trade and cross-border payment systems, while experts highlighted obstacles to replacing the US dollar.
The BRICS New Delhi Declaration, adopted under India’s chairship, outlines an actionable agenda for business and developing economies, but implementation through working groups, action plans, and pilot projects will determine its impact.