Atlantic Council analyst Michael Kugelman said India’s successful hosting of the BRICS Summit and the adoption of the New Delhi Declaration demonstrated its ability to build consensus among countries with divergent views.
A trade exposure analysis suggests that a wider BRICS+ network could allow India to settle about 40 percent of its trade with member and partner economies in local currencies.
India chaired the 18th BRICS Summit in New Delhi, adopting a consensus declaration that addressed Middle East tensions, unilateral tariffs and sanctions, and counter-terrorism while balancing relations with China, Russia, the Gulf, and the United States.
Union Minister of State for Defence Sanjay Seth said the India-hosted BRICS Summit sent a strong message against terrorism and promoted peace and development.
The 18th BRICS Summit in New Delhi adopted a declaration addressing cross-border digital fraud, AI governance, local currency settlement, and financial sector resilience among BRICS member states.
The 18th BRICS Summit in New Delhi brought together leaders from China, Russia, South Africa and other member states, strengthening India’s role in coordinating dialogue among emerging economies.
Under India’s BRICS presidency, PM Modi used the summit to manage relations with Russia, China and Iran while advancing India’s Global South messaging.
Indian Union Minister of State for Defence Sanjay Seth said the 2026 BRICS Summit in India promoted peace and development and delivered a strong message against terrorism.
The New Delhi Declaration highlights the humanitarian impact of the US blockade, while Cuba reiterates its interest in full BRICS membership.
