New Delhi is preparing for the 18th BRICS Summit with security, infrastructure, and branding upgrades as leaders from member countries are expected to discuss trade, economic cooperation, and geopolitical ties.
Brazil’s foreign minister says BRICS is not pursuing de-dollarisation or a common currency, while highlighting flexible payment mechanisms, trade cooperation and institutional reform.
BRICS Summit under India’s 2026 chairship will focus on national currencies for cross-border payments, boosting New Development Bank’s role, and enhancing financial cooperation to strengthen economic resilience.
Analysts and former diplomats discussed BRICS’ expanding role, India’s presidency priorities, institutional cooperation, financial alternatives, and implementation challenges ahead of the 18th BRICS Summit in New Delhi.
India’s 2026 BRICS Presidency highlights trade, investment, resilient supply chains and broader cooperation among emerging economies.
India will host the BRICS Summit 2026 in New Delhi on 12-13 September, aiming to amplify the Global South’s voice while balancing China’s influence and US pressure.
Kremlin spokesman Dmitry Peskov said ahead of the BRICS summit in New Delhi that 90% of Russia’s payments with BRICS countries are conducted in national currencies, while the bloc is not seeking to fully abandon the dollar.
India’s proposed BRICS agenda emphasizes digital public infrastructure, local-currency trade, MSME support, youth exchanges and sustainable energy cooperation.
An Indian expert says the upcoming New Delhi BRICS summit is a key step in the bloc’s institutional development after expansion, with practical cooperation mechanisms expected to take priority over a single headline declaration.
