BRICS POWER Framework Proposed Before New Delhi Summit
Why in the news
Ahead of the 18th BRICS Summit in New Delhi, China’s ambassador Xu Feihong floated a “POWER” framework for Greater BRICS.
Key facts
- Presidencies: India in 2026, China in 2027.
- BRICS is a leading Global South platform, an alternative to Western bodies like the G-7.
- Greater BRICS: nearly half the world’s people, about 30 per cent of global GDP, a PPP share above one-third, and one-fifth of trade turnover.
The five POWER pillars
| Pillar | Theme | Measures |
|---|---|---|
| P – Principle | Sovereign equality, international law | UN Charter, non-interference, peaceful dispute settlement |
| O – Openness | Multilateral trade | Protect WTO rules and MFN; resist protectionist tariffs |
| W – Win-Win | Development | SDGs, local-currency settlement, reciprocal credit |
| E – Engine | Growth, industrialisation | DPI, green tech, smart manufacturing, AI |
| R – Responsibility | Global South leadership | Continuity across presidencies; Bretton Woods and UNSC reform |
Exam angle
- Summit: 18th BRICS Summit, New Delhi.
- Proposer: Xu Feihong, Chinese Ambassador.