The inaugural iBRICS Summit will convene institutional investors, finance ministers and business leaders in New Delhi alongside the BRICS Leaders’ Summit to discuss sovereign capital deployment, payments interoperability and cross-border investment.
BRICS payment discussions focus on linking national digital payment systems and enabling local-currency settlements, with no single model finalized.
In his Pepe Café programme, Escobar links Eurasian cooperation to the forthcoming BRICS summit and discusses proposals for alternative payments and development finance.
Phar Kim Beng argues that Malaysia should use BRICS partner status to diversify economic cooperation, maintain ASEAN centrality and assess whether full membership serves its national interests.
Russian Ambassador to India Denis Alipov said India’s BRICS chairship has made substantial progress across political-security, economic-financial and people-to-people tracks.
BRICS payment initiatives may expand through interoperability and optional settlement routes, but their influence depends on governance, trust, and use beyond geopolitical bloc formation.
BRICS discussions are expected to focus on payment interoperability and national-currency settlements, with India emphasizing easier international payments and lower transaction costs.
India will host the 2026 BRICS summit in New Delhi amid an expanded membership, a broader agenda, and a more complex geopolitical backdrop.
BRICS intellectual property offices adopted updated cooperation guidelines in New Delhi, focusing on patent examination efficiency, information sharing and innovation.
