- BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
- The 18th BRICS Summit is underway in New Delhi, celebrating strategic partnerships and diplomatic relations.
- India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.
India and Russia Advance Investment Treaty Talks at 18th BRICS Summit
What happened
The 18th BRICS Summit began in New Delhi, where leaders discussed economic cooperation, trade resilience, and critical mineral supply. During the summit, Finance Minister Nirmala Sitharaman met with Russian First Deputy Prime Minister Denis Manturov. The two sides agreed to advance negotiations on a Bilateral Investment Treaty (BIT) aimed at strengthening investment flows and economic engagement.
From openthemagazine.com
Why it matters
The talks focus on establishing a mutually beneficial framework to enhance economic ties between India and Russia. The discussions cover investment flows, financial services, and the broader agenda of the BRICS organization.
India is hosting the 18th BRICS Summit in New Delhi, where various trade dynamics and economic deficits are being discussed.
From openthemagazine.com
Who's involved
- Narendra ModiPrime Minister of India, involved in high-level talks on trade resilience and energy security.
- Nirmala SitharamanFinance Minister of India, leading discussions on economic cooperation and investment policy.
- Denis ManturovRussian official whose discussions focused on deepening economic cooperation with India.
- BRICSIntergovernmental organization where leaders discuss global economic priorities.
- IndiaIndia, the nation whose economic policy is being discussed in the summit.
How it developed
Newest first. Tap a step to see who reported it.- BRICS delegations attend summits and exchanges to explore critical minerals and trade potential.Sub-event
- High-level BRICS negotiations advanced bilateral investment treaties, economic cooperation, and infrastructure partnerships between India and Iran.Sub-event
- Beijing reports on two-way trade exceeding $155 billion in 2025 while arranging high-level talks for the BRICS Summit 2026.Sub-event
Leaders discuss economic cooperation, trade resilience, and critical mineral supply during the 18th BRICS Summit.1 source
Keep exploring
Part of
India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.Also in this story
- Leaders at the BRICS Summit discussed trade imbalances, supply chain vulnerabilities, and advocated for inclusive technology access.
- Trade remains imbalanced within BRICS, prompting calls for a more equitable global order.
- Narendra Modi represented India at the BRICS summit, focusing on trade, energy, and defense cooperation.
Within BRICS includes India as a member nation and India hosts a BRICS meeting in its national capital.
The entities involved
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Narendra Modi
Prime Minister of India since 2014
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Nirmala Sitharaman
Indian politician
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Denis Manturov
Russian politician
Nothing else this week.
Related events
- Leaders reviewed cooperation on trade and defense issues during the 18th BRICS Summit.
- Modi participates in talks with China and hosts the BRICS summit for Global South cooperation.
- Bilateral talks are underway at the BRICS Summit involving Narendra Modi, Abdel Fattah el-Sisi, representatives from the Philippines, and officials from Kazakhstan.
- Narendra Modi and Vladimir Putin held bilateral engagements and co-hosted the Innoprom industrial exhibition during the BRICS Summit.
- While hosting the BRICS Trade Union Forum Summit, Narendra Modi led commitments focused on sustainable development goals.