Xi to Visit India for BRICS Summit
Chinese President Xi Jinping will attend the 18th BRICS Summit in New Delhi, hosted by India as the current BRICS chair.
Chinese President Xi Jinping will attend the 18th BRICS Summit in New Delhi, hosted by India as the current BRICS chair.
Chairman of BRICS International Pawan Joshi said BRICS Pay is intended as an interoperable cross-border payment bridge supporting financial sovereignty and trade facilitation, not as a move to replace reserve currencies or pursue de-dollarisation.
BRICS leaders are expected to discuss a digital incubator network, a startup innovation fund and a voluntary logistics supply-chain framework aimed at strengthening innovation, financing and resilient trade logistics.
India’s proposed agenda for the 2026 BRICS summit comes amid internal differences, low intra-group trade, and broader geopolitical tensions.
India is chairing the 18th BRICS Summit amid global economic uncertainty, seeking to balance trade initiatives, member-state differences and global governance priorities.
BRICS may align sustainable aviation fuel standards, feedstock mapping and carbon tracking to enable cross-border trade and support global aviation decarbonisation.
The BRICS Summit could focus on energy security, local currency payments, critical minerals, and transport cooperation amid West Asia tensions.
New Delhi will advocate bilateral connections among central bank digital currencies to lower international transaction costs, avoiding a unified BRICS payment system seen as anti-dollar.
Indian Trade Minister Piyush Goyal called for credit, market access and predictable rules to increase women entrepreneurs’ participation in BRICS global value chains.