Iranian and Russian leaders used the BRICS Business Forum to call for deeper trade ties, wider use of national currencies, and stronger economic cooperation among BRICS and Global South countries.
An analysis of the BRICS summit in New Delhi examines the group’s economic size, internal trade limits, monetary cooperation, institutional weaknesses, and political rivalries.
Indian Prime Minister Narendra Modi said at the BRICS Business Forum that BRICS economies have grown roughly twice as fast as the global average and outlined India’s priorities during its BRICS presidency.
The BRICS Summit in New Delhi highlights India’s role in shaping energy security, trade flows, and geopolitical cooperation, with particular focus on India-Russia ties and global supply-chain risks.
At the BRICS Business Forum and ahead of the BRICS summit, India, Russia and Iran emphasized local currency trade, payment system links and digital infrastructure, while officials said BRICS would not immediately create a common currency.
Russian President Vladimir Putin proposed a digital investment platform built on the New Development Bank to mobilise private-sector funding and strengthen BRICS economic competitiveness.
At the BRICS Business Forum in New Delhi, Russian President Vladimir Putin said Russia is ready to contribute to global energy and food security and deepen cooperation with BRICS partners in trade, tourism, logistics and technology.
An opinion piece argues that BRICS has matured from a counterweight narrative into a mainstream platform for global cooperation ahead of its 18th summit in New Delhi.
Prime Minister Narendra Modi addressed the BRICS Business Forum leaders’ session, outlining India’s BRICS presidency theme and calling for stronger cooperation on trade, startups, MSMEs, sustainability, and maritime security.
