India’s 2026 BRICS presidency centered on the New Delhi Declaration, continuity mechanisms, and practical economic cooperation, while cross-border payments and implementation challenges remain.
The BRICS Chamber of Commerce & Industry hosted BRICS+ Dialogue 2026 in New Delhi, focusing on inclusive innovation, women’s leadership, and practical cross-border cooperation under India’s BRICS Presidency.
Saudi Arabia is deepening economic and diplomatic ties with BRICS and India while keeping formal membership unresolved as it balances its strategic relationship with the United States.
India’s BRICS presidency shaped a consensus-based New Delhi Declaration, emphasizing an inclusive, non-confrontational orientation and practical cooperation across multiple sectors.
Iranian Foreign Minister Abbas Araghchi said Iran is working on joining the New Development Bank established by BRICS, while no timeline or formal application details were provided.
Uruguay’s Foreign Minister Mario Lubetkin hailed India’s BRICS chairmanship and the adoption of a consensus-based declaration, while also discussing deeper India-Uruguay and India-Mercosur ties.
Strategic experts said the BRICS joint declaration adopted in New Delhi reflected India’s diplomatic success, including consensus among members and support for zero tolerance against terrorism.
At the 18th BRICS summit in Delhi, members agreed on a 45-page, 140-point declaration addressing terrorism, Middle East tensions, protectionist tariffs, local-currency trade, and BRICS financial cooperation.
BRICS adopted a 140-point New Delhi Declaration at its 18th summit, addressing Middle East tensions, unilateral sanctions, Gaza, global governance reform, trade, finance, artificial intelligence and climate.
