BRICS+ leaders convene in New Delhi to discuss trade, de-dollarization, and global governance

Leaders from the 11 BRICS+ nations are meeting in New Delhi, India, for their 18th summit to discuss economic cooperation, trade, cross-border payments, energy, and global governance. A key focus is reducing reliance on the U.S. dollar, with members promoting greater use of local currencies in trade and exploring alternatives to Western-dominated financial institutions. Indian Prime Minister Narendra Modi emphasized that BRICS is not against any alliance but aims to give emerging and developing economies a stronger voice in global affairs.