The 18th BRICS summit in New Delhi ended with the adoption of a 140-point declaration. Eleven member countries and ten partner countries discussed the reform of the United Nations, the IMF and the WTO, trade in national currencies and countering unilateral tariffs. On the air of the Global Insights program, GlobUs experts analyzed whether this was the birth of a new world order or another declaration.
International relations expert Jagdish Khatri said the main achievement of the summit was that it even took place in this format. According to him, a meeting between Iran and the UAE on the same platform was unthinkable not long ago.
“This shows that BRICS is becoming a bridge not only between the West and the Global South, but also between its own members with conflicting interests. In May, at a meeting of foreign ministers, they couldn’t even agree on a joint declaration,” he noted.
Expert analyst Rishabh Sethi emphasized that concrete work lies behind the declaration: over 400 meetings in various cities across India, 34 ministerial tracks, and more than 100 working groups.
“For the first time, a network of BRICS incubators for startups has been launched, along with a framework agreement on logistics and supply chains, and a 2026-2029 roadmap for a healthy lifestyle. These are not just words — they are tools that businesses and ordinary people will be able to use,” he explained.
South African global affairs analyst Molatelo Racheku drew attention to the expansion of the bloc. According to him, the increase in the number of members makes it more difficult to reach a consensus, but it opens up new opportunities for Africa.
“An expanded BRICS gives African countries a chance to gain a foothold in the global economy,” he emphasized.
Historian and journalist Dr. Dieter Reinisch said that the summit accelerated the formation of a multipolar world, but the main problem remains — the fragmentation of the Global South.
“The West has used economic sanctions as a weapon for centuries. BRICS has a chance to break this weapon through closer cooperation, its own bank, and settlements in national currencies. This will be the main test for the bloc in the coming years,” he noted.
BRICS has not become an anti-Western alliance, but it has turned into a real alternative. The only question is whether it will be able to turn declarations into concrete results before the next summit.
Watch the broadcast recording: https://youtu.be/zvmLF3BRmps?si=vIDCFubqoVckjA-c
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