At BRICS, more options, a win for diplomacy

At the BRICS gathering, the New Delhi Declaration 2026 emerges as a triumphant testament to the power of diplomacy over ideological dogma. While some view such forums as mere pageantry or instruments of hegemony, the declaration champions a more nuanced approach. It asserts that diplomacy and the exchange of ideas, goods, and services need not be dictated by the interests of major powers.

The declaration emphasizes the importance of diplomacy, allowing states with differing political systems and even those on opposite sides of military conflicts to coexist, agree, and mutually acknowledge disagreements.

The declaration's success is particularly evident in the West Asia conflict zone, where Iran and the UAE have reached a consensus advocating for maximum restraint and the avoidance of actions that could further exacerbate tensions. This diplomatic breakthrough stands as a clear victory for the principles outlined in the New Delhi Declaration.

The document, spanning over 130 paragraphs in a 45-page declaration, highlights critical issues such as unilateral coercive measures, sanctions, and blockades. These concerns serve as a response to the excessive use of unilateral actions by the United States under Donald Trump's administration. The declaration stresses the importance of ensuring that supply chains and trade routes of essential commodities, including hydrocarbons, are not weaponized.

For developing countries in the Global South, the declaration's focus on linking payment systems among member states is particularly noteworthy. While there are discussions about a potential BRICS currency, the declaration wisely steers clear of this notion, instead emphasizing the development of payment systems to foster economic cooperation.

The declaration also addresses the growing significance of AI capacity building and digital resilience, reflecting India's UPI architecture's potential in this regard. In a world shaped by technological advancements, the declaration's emphasis on these areas aligns with the evolving needs of its diverse member states.

Initially established in 2006 with aspirations of "de-dollarisation" and multipolarity, BRICS has faced criticism for its grand ambitions and perceived anti-West sentiment. However, many of the core members and the expanded roster of BRICS countries hold a more pragmatic view. China seeks accommodation with the US, several West Asian nations have allied with Washington, Vladimir Putin shares a personal rapport with former President Donald Trump, and India aims to strengthen trade ties with America while expanding business relationships with Europe.

In 2026, an expanded BRICS reflects the diverse perspectives and needs of its member states. The New Delhi Declaration underscores the significance of acknowledging and incorporating various voices within the group.