South Africa’s Ramaphosa to Focus on Intra-BRICS Trade and Investment During New Delhi Visit
South African President Cyril Ramaphosa will attend the 18th BRICS Summit in New Delhi, prioritizing intra-BRICS trade, investment, and cooperation.
South African President Cyril Ramaphosa will attend the 18th BRICS Summit in New Delhi, prioritizing intra-BRICS trade, investment, and cooperation.
The 18th BRICS summit in New Delhi on 12-13 September 2026 marks 20 years of the grouping, with 11 members representing about 47% of global population and 40% of global GDP.
A brief overview of BRICS, its 11 member countries, history, institutions, India’s role, and the 2026 summit agenda.
BRICS is not pursuing a common currency; instead, it is gradually reducing dollar dominance through local currencies, alternative payment systems, and parallel financial infrastructure.
The upcoming BRICS summit in New Delhi is described as potentially one of the bloc’s most important meetings as BRICS shifts from expansion toward consolidation.
As India prepares to host the 18th BRICS Summit, a foreign affairs expert said New Delhi is pushing a decentralised development agenda focused on agriculture, startups, climate finance and AI.
As India prepares to host the BRICS Summit, the article traces New Delhi’s shift from seeking reform in global institutions to offering scalable solutions in finance, digital public infrastructure, health cooperation and resilience.
The expanded BRICS+ bloc has a larger share of global GDP and strong intra-trade, but internal political divisions and India’s import dependence remain key challenges.
BRICS is discussing a common cross-border payments system, but India’s participation would require reconciling RBI data-localisation rules and the Digital Personal Data Protection Act.