The 18th BRICS Summit in New Delhi ended with a 140-point declaration covering trade, terrorism, West Asia, local-currency payments, AI and global governance. Here are the key takeaways.
India and China seek stronger economic ties, but trade imbalance, border tensions and limited Chinese investment remain key hurdles
At the 18th Brics Summit, the New Delhi Declaration has criticised tariffs, sanctions and carbon trade measures linked to Western countries without naming them
WHO chief urged Brics leaders to focus on health resilience, innovation, cross-border cooperation and sustainable financing
BRICS leaders stopped short of endorsing concrete steps on payment-system interoperability and local-currency trade, leaving India's long-running push without a firm action plan
Industry says Brics initiatives on skills forecasting, remote employment and worker mobility could improve skills alignment and expand access to international jobs
BRICS has economic heft, but tangible gains for members remain limited
The Brics Grain Exchange, proposed in 2023 as a digital platform, is being championed by Russia, one of the world's largest grain producers
The leaders' last sit-down bilateral meeting was on August 31, 2025, when Modi visited China for the Shanghai Cooperation Organization summit
BRICS Summit: India pushes practical cooperation as China, Russia pitch their priorities
As the two-day Brics Summit concluded, Modi stressed resilient supply chains and inclusive technology, while Xi proposed initiatives spanning AI, trade and manufacturing
Outcomes of the Brics summit exceeded expectations
Experts say a shared BRICS satellite constellation with common Earth observation and a risk and revenue model could lower data costs and help reduce space debris
Brics summit commits to AI governance, a proposed startup fund, and highlights India's AI Impact Summit and financial-hub initiatives as the bloc courts founders and investors across the Global South
FISME said Brics cooperation should move beyond sharing experiences and create mechanisms that help smaller firms trade, invest and adopt technologies
COAI says the New Delhi Declaration's focus on telecom infrastructure and interoperable ICT security standards reflects approaches already adopted by Indian operators
The BRICS should leverage its close ties with emerging markets and Global South to safeguard supply chains, and foster a large integrated market, Chinese President Xi Jinping said on Sunday as he proposed a five-point initiative to boost trade, manufacturing, investment, and technology cooperation. In an address at the concluding session of the BRICS Summit, he called upon the leaders of the grouping to work towards writing a "new chapter of strength through unity for the Global South," asserting that the logic that "might makes right" should have been discarded long ago. "A world without rules is like a crossroads without traffic lights, where chaos and disorder are all but guaranteed. Fairness and justice is a universal aspiration, and international rules must be written by all countries," he said. Xi said the Global South countries should jointly "defend the rule of law in international affairs, safeguard the basic norms of international relations including sovereign equality, ..
Russian President Vladimir Putin on Sunday proposed a new insurance mechanism and a collaborative initiative for the grain market among the BRICS nations as he called upon the grouping to adopt a holistic approach in combating pressing global challenges. Putin proposed the new initiatives for economic growth among the BRICS member nations as well as the Global South nations amid crippling sanctions imposed by the Western powers on Moscow for its war on Ukraine. The G-7 countries, the European Union and the UK prohibited Western companies from insuring any ship transporting Russian crude unless the oil was purchased at or below a specified price cap. The sanctions relating to the insurance sector have adversely impacted Russian crude oil exports. "We have independent routes for moving capital, labour and technologies. In fact, we can operate regardless of outside pressure," Putin said at the concluding session of the 18th BRICS summit here. "We have some promising initiatives going
BRICS must expand trade in national currencies and work towards an inclusive global economic framework as excessive dependence on existing financial and trade systems has made emerging economies vulnerable to political shocks, Iranian President Masoud Pezeshkian said on Sunday. In an address at the concluding session of the two-day BRICS summit, Pezeshkian, taking a swipe at Western powers, was also critical of "unilateral sanctions", saying they are directly impacting global food security and people's welfare. The Iranian leader's remarks came weeks after the US imposed new economic sanctions on Iran, tightening the squeeze on Tehran's finances amid ongoing military hostilities between the two sides. The Iranian president said BRICS had evolved beyond being merely a framework for cooperation among emerging economies and had become a manifestation of growing demand for a more balanced and inclusive world in which "no centre of power has the right to determine the destiny of ...
Eighty per cent of Indians are non-vegetarian and Indian non-vegetarian food is delicious, Congress leader Rahul Gandhi said on Sunday, a day after an all-vegetarian spread was served at a BRICS Summit gala dinner. Prime Minister Narendra Modi hosted the dinner for the leaders and delegates of the BRICS Summit at the Bharat Mandapam Saturday. In a post on social media platforms X, Facebook and Instagram, Gandhi wrote, "For the record: 80% of Indians are non-vegetarian. Indian non-vegetarian food is delicious. As are my sister's chole bhature." He also posted a picture of chole bhature on a dining table. The remarks of the Leader of Opposition in Lok Sabha came a day after the gala dinner, which featured an elaborate all-vegetarian menu. 'Khandvi mille', a feuille steamed gram-flour roll, and 'khumb galouti', pan-grilled mushroom kebabs with mint pearls, were served as starters The main course offered 'paneer lababdar', 'gucchi marmik' -- Himalayan morel mushrooms and tender aspar