BRICS leaders press for closer economic cooperation as New Delhi talks continue

BRICS leaders press for closer economic cooperation as New Delhi talks continue

BRICS leaders gathered in New Delhi for a second day of meetings aimed at deepening economic collaboration and promoting what participants described as inclusive global growth. Delegations from China, Russia and India were among those taking part as the bloc sought common positions on trade and development while also issuing a rare joint appeal for de-escalation in the Middle East.

Narendra Modi, the Indian prime minister hosting the summit, urged greater cooperation inside the grouping and underscored the bloc’s economic weight. He reiterated figures highlighting the BRICS presence on the world stage: roughly half of the global population, close to 40 percent of global gross domestic product and more than a quarter of international trade. Those metrics, he argued, underscore the potential influence the coalition can wield in international economic discussions.

Delegates framed the agenda around shared priorities such as expanding trade ties, improving infrastructure financing and exploring mechanisms to support development across member and partner countries. Analysts and officials attending the talks emphasised that coordinated policies among large emerging economies can shape market opportunities and investment flows, even as each member pursues distinct national interests. The summit’s emphasis on “inclusive” growth signals an intent to address disparities within and between economies rather than focus solely on headline GDP figures.

The joint call for restraint over tensions in the Middle East marked a diplomatic element of the meetings, reflecting an effort by the grouping to project a unified stance on volatile international issues alongside economic cooperation. As discussions continued in New Delhi, leaders aimed to translate broad commitments into practical measures that could affect trade links, investment frameworks and multilateral engagement in the months ahead.