18th BRICS Summit New Delhi: Theme, Members, Agenda
Why in the news
Over 350 meetings across 25 cities led up to the New Delhi summit.
Members
- Original five: Brazil, Russia, India, China, South Africa.
- Joined 2024: Egypt, Ethiopia, Iran, Saudi Arabia, UAE.
- Partners (10): Vietnam, Uzbekistan, Uganda, Thailand, Nigeria, Malaysia, Kazakhstan, Cuba, Bolivia, Belarus.
Work areas
- IMF, World Bank and WTO quota and governance reform.
- NDB and CRA as financing alternatives.
- De-dollarisation through local-currency settlement.
- Counter-terrorism plan and FATF standards.
- South-South cooperation on food security, satellite data and climate adaptation.