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Analysis

The proposed BRICS Grain Exchange could improve wheat price transparency and strengthen food security during supply disruptions.

India’s proposed BRICS digital repository could improve treaty implementation by tracking decisions, responsibilities, deadlines and progress.

India and Malaysia are deepening semiconductor cooperation to strengthen supply chains through investment, talent and advanced packaging.

BRICS debt restructuring mechanisms offer developing economies more creditor options, financing tools and alternatives to the Paris Club model.

BRICS customs agreements aim to speed up export clearance and reduce transit delays through stronger cooperation and digital tools.

BRICS central bank governors are seeking IMF quota and voting rights reform to strengthen representation for emerging and developing economies.

BRICS local currency bridges offer importers alternative B2B payment routes, helping manage currency costs, settlement timing and trade risks.

BRICS leaders are prioritising maritime security to protect global trade, critical sea lanes and seafarers facing growing risks at sea.

India secured the New Delhi Declaration at the BRICS Summit 2026 by bridging Iran-UAE differences over the West Asia conflict.

PM Modi’s 10-point BRICS proposal calls for urgent UNSC reforms, greater Global South representation and wider global governance changes.