- 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.
Trade remains imbalanced within BRICS, prompting calls for a more equitable global order.
6 reports, 1 independent
Updated Sep 12
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What happened
Trade remains imbalanced within BRICS, prompting calls for a more equitable global order.
Who's involved
What this event is mainly aboutKeep exploring
Part of
India hosts the 18th BRICS Summit in New Delhi, where trade dynamics and deficits are discussed.Also in this story
- Central banks, including the RBI, are exploring the use of digital currency for trade settlement among BRICS members.
- High-level engagements are underway around the 18th BRICS Summit, focusing on economic cooperation, trade resilience, and energy security.
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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BRICS
association of Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates
Related events
- India discussed trade enhancements within the BRICS bloc.
- BRICS slammed Western trade barriers during the session chaired by India.
- A working group met in India on September 11th to discuss and address various trade issues concerning the BRICS bloc.
- India is negotiating a Preferential Trade Agreement with MERCOSUR and setting a $30 billion bilateral trade target under BRICS coordination.
- India is a major importer but not equally valued market within the BRICS bloc.