Brics’ inability to speak with one voice on the Middle East conflict has become a stern test of India’s leadership of the bloc, exposing the challenge of building consensus among its 10 members with divergent interests and concerns. The bloc could not agree on a common position on the war at a meeting of Brics officials to discuss Middle East and North Africa issues in New Delhi last week. Brics has long sought to present itself as a voice for the Global South as frustrations with the US-led...
Brics nations are assessing whether a digital payments framework linking their currencies could lessen the impact of Western sanctions, tariffs and US dollar volatility without destabilising the Washington-led global financial system. Under the plan proposed by India’s central bank, Brics is looking to allow cross-border transactions to be settled in local currencies. Its feasibility depends on how far the bloc’s members can lessen their reliance on Western-controlled payment channels without...
Ministers discuss current Iran-U.S. ceasefire, “bilateral, regional and international issues”; Iranian FM is yet to confirm participation in next month’s BRICS ministerial meet in Delhi; Russian FM will attend
Officials say the lack of consensus had stemmed from sharp differences among member states on the evolving situation in West Asia
Deeply polarised deputy FMs meeting in Delhi spell trouble for India’s BRICS Presidency; as the language of a joint statement eluded diplomats, India issued a ‘Chair’s Statement’ that reflected the subjects discussed
MEA says representatives had a constructive exchange of views at Delhi meeting
The confirmation has come days after U.S. Ambassador Sergio Gor said on a social media post that Secretary of State Marco Rubio will visit India “next month”, i.e. in May