Updated
Updated · Al Jazeera English · Sep 12
BRICS Adopts 20th-Anniversary Declaration to Safeguard Trade, Supply Chains and Energy Flow
Updated
Updated · Al Jazeera English · Sep 12

BRICS Adopts 20th-Anniversary Declaration to Safeguard Trade, Supply Chains and Energy Flow

3 articles · Updated · Al Jazeera English · Sep 12

Summary

  • New Delhi’s two-day BRICS summit opened with unanimous backing for a joint declaration calling for cooperation to keep global trade, supply chains and energy moving despite mounting disruptions.
  • Wars in the Middle East and Ukraine, along with tariffs hitting several members, drove the push; the bloc also put cross-border payments and artificial-intelligence cooperation high on the agenda.
  • Xi Jinping, Vladimir Putin and Masoud Pezeshkian attended, with Xi making his first India visit in 7 years as Beijing and New Delhi seek to thaw ties and as leaders weighed regional conflict.
  • Internal strains still shadow the expanded bloc: Iran and the UAE sit on opposite sides of the US-Israel war on Iran, and BRICS foreign ministers failed in May to agree a joint statement on that conflict.
  • The declaration gives host India an early consensus point as BRICS marks 20 years and tests whether its broader membership can act as a more coordinated Global South counterweight.

Insights

What secret compromises did India make to keep bitter rivals at the same table during the historic summit?
Can a fractured BRICS truly bypass Western financial systems, or is the dream of de-dollarization just an empty threat?