18th BRICS Summit Held in New Delhi, Nepal's Indifference Questioned
Summary
The 18th BRICS Summit is underway in New Delhi, and the article argues that Nepal is missing a strategic opportunity by staying indifferent to the gathering. It says Nepal should engage more actively with BRICS, especially on trade, finance, climate issues, and diplomatic outreach.
Key Points
- The 18th BRICS Summit is being held in New Delhi under India’s presidency with a theme focused on resilience, innovation, cooperation and sustainability.
- The article argues that BRICS matters to Nepal because India and China shape regional rules on trade, payments and climate finance.
- It says Nepal could benefit from the New Development Bank, de-dollarization trends and sideline diplomacy with major leaders.
- The piece criticizes Kathmandu for lacking a clear strategy toward BRICS and urges a more active, balanced foreign policy.