Global leaders from major emerging economies, including Brazil, Russia, India, China, South Africa, Iran, Saudi Arabia, and the United Arab Emirates, have arrived in New Delhi, India, for the 18th BRICS Summit held at Bharat Mandapam on September 12 and 13, 2026.
US watches as Russia, China, Iran, Saudi Arabia and Africa’s BRICS powers rally in India to bypass sanctions and break the US dollar’s hold over global finance
- Global leaders from the expanded BRICS group, now including 11 member states, convened in New Delhi for the 18th BRICS Summit.
- The summit occurs amid ongoing international conflicts and economic initiatives aimed at transforming global trade cooperation.
- Indian Prime Minister Modi held bilateral talks with Russian President Putin and Iranian President Pezeshkian.
- Key issues at the summit include the shift to using national currencies in cross-border payments.
Reference Link: https://africa.businessinsider.com/local/markets/us-watches-as-russia-china-iran-saudi-arabia-and-africas-brics-powers-rally-in-india/86s2c7g