India's BRICS shift: Founder to host
India, a founding member of BRICS, assumes the role of host for the organization's 18th summit in 2026. Unlike full members, India's limited rights in BRICS result from its invitation to G7 summits. Since 2009, India has consistently participated in BRICS, witnessing its expansion to 11 members in 2024. This summit will be the first with an expanded format, including outreach invitees and international organization heads.
With over 350 domestic meetings and thematic focus on resilience, innovation, cooperation, and sustainability, India has demonstrated its commitment to BRICS. Despite geopolitical tensions and US threats of tariffs, India has not pushed for an alternative currency, showing pragmatism in its approach. The Delhi summit presents an opportunity for India to showcase its convening power and strengthen ties across ideological divides, especially with Iran, the UAE, and Saudi Arabia participating.
Additionally, the summit may facilitate international dialogue on regional conflicts, such as Iran and Ukraine.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- Why BRICS businesses are betting on India economictimes.indiatimes.com
- India pushes BRICS digital payments qatar-tribune.com
