The 18th BRICS Summit, held in New Delhi on September 12–13, 2026, under the motto “Building for Resilience, Innovation, Cooperation and Sustainability,” underscores the association’s growing global stature. Established in 2006 on Russia’s initiative, BRICS has evolved from a four-nation grouping into a ten-member bloc, with Indonesia joining in January 2025, alongside twelve partner countries including Belarus, Cuba, Nigeria and Vietnam. The agenda covers settlements in national currencies, artificial intelligence, energy and critical infrastructure.

The bloc’s economic weight is striking: BRICS+ accounts for 49.5% of the world’s population, a combined GDP of 30%, and 39.2% measured by purchasing power parity, exceeding the G7’s 28.3%. The New Development Bank has approved 120 projects worth $39 billion, while intra-BRICS trade has reached $1 trillion and total financial assets exceed $60 trillion. With over 20 negotiating platforms spanning energy, food security and sustainable development, BRICS has firmly established itself as a cornerstone of a multipolar world order.