Russia expects India to continue the tradition of hosting the BRICS Sports Games during its BRICS Chairship. This was stated at a press conference by Sergey Ryabkov, Deputy Foreign Minister of the Russian Federation and Russia's BRICS Sherpa.
"The BRICS Sports Games are a regular event, and we, of course, expect that our Indian colleagues and friends will continue this tradition and, in general, present a vast program for their Chairship in 2026," he said.
Ryabkov stated that the group faces great challenges in 2026.
"These are, among other things, financial and economic issues, where we place special emphasis on the use of national currencies in mutual settlements, exploring opportunities to create payment mechanisms resistant to external risks. The key projects here are the launch of a cross-border payment initiative, the creation of the BRICS Clear settlement and depository infrastructure, a reinsurance company, as well as the establishment of a new investment platform to attract additional capital investments to stimulate new growth drivers," he said.
Ryabkov also pointed out that one of the main directions of BRICS activities will be to strengthen artificial intelligence cooperation.
"We will continue to deal with cultural and humanitarian issues, including by organising large-scale events such as Academic and Civil Forums, Cultural Festivals, Film Festivals, Youth Summits, a Forum of Young Diplomats, and so on," he added.
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