BRICS summit shapes a shifting global order

What's happened

Leaders at the BRICS gathering have gathered to discuss a new global order. Modi has hosted Xi and other BRICS counterparts, aiming to present a bloc-centered path that seeks strategic autonomy and broader collaboration while avoiding a direct anti-Western stance.

What's behind the headline?

Analysis

• The New Delhi Declaration marks a cautious consensus among divergent members, avoiding explicit blame for Middle East conflicts while signaling a shift toward strategic autonomy.
• Xi Jinping’s presence signals renewed China-India engagement and potential recalibration of supply chains amid broader geopolitical tension.
• The summit’s outcome may hinge on how BRICS members translate diplomatic unity into economic or security commitments that affect global markets.

Forecast: Expect ongoing negotiations over framework agreements and potential follow-ups with a focus on infrastructure and energy cooperation.

How we got here

The BRICS summit in New Delhi gathers leaders from Brazil, Russia, India, China, and its other invited members. Talks focus on a joint declaration, regional dynamics, and how the bloc can offer an alternative to Western-led governance without resorting to bloc hostility.

Our analysis

- BBC Business reports Modi’s push for a non-confrontational yet influential BRICS stance, noting the absence of a clearly blamed declaration for Middle East hostilities. - Bloomberg highlights Xi’s and Putin’s appearances signaling geopolitical recalibration. - CNBC provides details on Modi-Xi bilateral discussions and the eight-point consensus from prior talks.

Go deeper

• What concrete economic projects are BRICS likely to push first?
• How will BRICS balance ties with the West while pursuing strategic autonomy?
• When will the declaration’s implementation begin, and which member will lead?

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• New Delhi - Capital of India

  New Delhi is a district located in NCT Delhi. New Delhi serves as the capital of India and the seat of all three branches of the Government of India. The foundation stone of New Delhi was laid by Emperor George V during the Delhi Durbar of 1911. It was de

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  BRICS is the acronym coined to associate five major emerging economies: Brazil, Russia, India, China, and South Africa. The BRICS members are known for their significant influence on regional affairs.

• Xi Jinping - General Secretary of the Chinese Communist Party

  Xi Jinping is a Chinese politician serving as the general secretary of the Communist Party of China, president of the People's Republic of China, and chairman of the Central Military Commission.

• People's Republic of China - Country in East Asia

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• India - Country in South Asia

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• Iran (Islamic Republic of Iran) - Country in the Middle East

  Iran, also called Persia, and officially the Islamic Republic of Iran, is a country in Western Asia. It is bordered to the northwest by Armenia and Azerbaijan, to the north by the Caspian Sea, to the northeast by Turkmenistan, to the east by Afghanistan a

• United States - Country in North America

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• Russia - Country

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• Vladimir Putin - Russian President

  Vladimir Vladimirovich Putin is a Russian politician and former intelligence officer who has served as President of Russia since 2012, previously holding the position from 1999 until 2008.

• Beijing - Capital of China

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