Building consensus: On the 18th BRICS Summit, the New Delhi Declaration

Published 2026-09-16 · Updated 2026-09-16 · 2 min · 394 words

UPSC CSE Context

Why in News

The 18th BRICS Summit adopted the New Delhi Declaration, emphasizing reformed multilateralism and intra-BRICS cooperation.

Syllabus Connection

International Relations: BRICS, multilateralism, India's foreign policy.

Exam Relevance

Important for questions on global governance reform, India's balancing role, and emerging economies' collective action.

Core Issue

BRICS Summit pushes for reformed multilateralism and intra-group trade.

Key Development

New Delhi Declaration calls for UNSC reform and condemns unilateral sanctions.

Stakeholders

• Brazil
• Iran
• UAE
• Saudi Arabia
• China
• ASEAN
• African nations

Static Knowledge

High-Value Background

• BRICS is a grouping of emerging economies seeking to reform global governance.
• India has consistently advocated for a multipolar world order and UNSC reform.

Exam Linkage

• Useful for questions on India's multilateral diplomacy and Global South leadership.

Concepts in Context

• Reformed multilateralism refers to restructuring global institutions to reflect current power dynamics.
• Local currency trade reduces dependence on the US dollar in international transactions.

Institutions and Mechanisms

• UN Security Council reform is a long-standing demand of BRICS nations.
• Intra-BRICS trade cooperation mechanisms aim to boost economic ties among members.

Dynamic Analysis

International Relations

• Signals collective pushback against Western dominance in global governance.
• Highlights the challenge of maintaining unity amid divergent geopolitical interests.
• Strengthens the narrative of a multipolar world order led by emerging economies.

Economy

• Promoting local currency trade can reduce transaction costs and currency risks.
• Condemning sanctions and tariffs reflects frustration with Western economic coercion.
• Intra-BRICS trade cooperation may create alternative supply chains.

Governance

• Call for UNSC reform challenges the existing power structure in global governance.
• The declaration's silence on certain conflicts shows the limits of consensus.
• India's chairship enhanced its reputation as a Global South balancer.

Mains Value Addition

Arguments

• BRICS provides a platform for emerging economies to challenge Western hegemony.
• India's balancing act between the US and BRICS partners showcases its strategic autonomy.
• Reformed multilateralism is essential for addressing contemporary global challenges.
• Intra-BRICS cooperation can reduce dependency on Western financial systems.

Data Points

• This was the 18th BRICS Summit, marking 20 years of the grouping.

Counterpoints

• Omission of certain conflicts in the declaration indicates internal divisions.
• Effectiveness of local currency trade remains uncertain due to economic disparities.

Way Forward

• Strengthen institutional mechanisms for intra-BRICS trade and investment.
• Pursue concrete steps towards UNSC reform through coalition building.
• Develop a common framework for local currency transactions to mitigate risks.
• Leverage India's chairship to institutionalize dialogue between rival members.

Primary/reference source: thehindu.com