BRICS Nations Issue New Delhi Declaration 2026 Emphasizing Global Order Reform
Summary
BRICS nations have issued the 2026 New Delhi Declaration, calling for reforms to global institutions, stronger representation for the Global South, and a more just multilateral world order. The declaration also backs local-currency trade, climate finance for developing countries, and coordinated action on conflicts, terrorism, health, and AI governance.
Key Points
- The 18th BRICS Summit in New Delhi produced a 140-article declaration, the longest BRICS document in a decade.
- The declaration calls for reforms to the UN, IMF, World Bank, and WTO and urges greater representation for developing countries, especially in the UN Security Council.
- BRICS supports more trade in local currencies, expanded payment cooperation, and a cautious approach rather than an immediate common currency.
- The statement also addresses Gaza, West Asia conflicts, terrorism, AI governance, climate justice, energy transition, health cooperation, and food security.
