Diplomacy tightrope, economic heft test await India at BRICS summit
New Delhi seeks progress on trade, payments, energy security and supply chains, while managing ties with China, Russia and the wider Global South
New Delhi seeks progress on trade, payments, energy security and supply chains, while managing ties with China, Russia and the wider Global South
India’s goods trade with BRICS more than doubled to $417.5 billion in FY26, but its trade deficit with the bloc more than tripled as imports rose faster than exports, according to GTRI.
India’s push for a common BRICS declaration faces divisions over the West Asia conflict, while economic cooperation and trade remain key priorities for the bloc.
Russian President Vladimir Putin arrived in New Delhi for a two-day BRICS summit amid geopolitical tensions, with Chinese and Iranian leaders also expected to attend.
Brazilian government presents port, waterway and airport project portfolio to the New Development Bank amid a R$1.2 trillion logistics plan.
South Africa’s High Commissioner to India discusses BRICS, India’s presidency, global governance reform, trade in local currencies, and South Africa’s exclusion from the US-hosted G20 summit.
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.