The 11-member BRICS group unanimously adopted the New Delhi Declaration during the XVIII BRICS Summit hosted by India. Despite internal divisions—particularly between Iran and the UAE—the member nations established common ground on several major economic, political, and security matters: Brics 2026 +5 🌐 Global Governance & Multilateral Reform UN & Financial Institutional Reform: The nations demanded comprehensive reforms to the United Nations Security Council (UNSC), the International Monetary Fund (IMF), and the World Trade Organization (WTO). The objective is to amplify the representation and voice of developing countries, particularly from the Global South. Rejection of Unilateral Actions: The members condemned unilateral protectionist measures, trade restrictions, and politically motivated economic sanctions. Instagram ·ca.palakrathii +1 💰 Financial Systems & Economic Cooperation De-dollarisation & Local Currencies: The bloc agreed to accelerate trade logistics and expand cross-border trade using local currencies. Facebook +1 BRICS Pay: They advanced operational plans for "BRICS Pay"—a decentralised, independent cross-border payment infrastructure interlinking national systems (like India’s UPI and China’s CIPS) to reduce reliance on the US-dominated SWIFT network. Facebook ·Reuters 🕊️ Regional Security & Geopolitics Middle East / West Asia Crisis: The leaders forged a compromise calling for “maximum restraint” and diplomacy, while urging the protection of civilians, respect for state sovereignty, and the safety of global trade, supply chains, and maritime security. Terrorism: The declaration explicitly condemned all forms of terrorism, specifically citing the Pahalgam attack in India, and demanded global cooperation to eliminate terror financing and state-sponsored sanctuaries. Neutrality on Ukraine: The consensus statement focused on general peacebuilding and dialogue, making no explicit mention of the Russian war in Ukraine. Reuters +3 🌾 Technology, Agriculture, & Energy AI Governance: The nations advocated for responsible Artificial Intelligence (AI) governance that strikes a balance between ethical regulations, protection of human rights, and technological innovation. Digital Agriculture: Members established the BRICS Centres of Excellence on Agro-Ecology (for sustainable and climate-resilient farming) and the BRICS Network on Digital Agriculture to deploy AI and data analytics in food security systems. Critical Minerals: Host nation India raised concerns regarding the "weaponisation of technology and critical minerals", which members agreed should not block collective economic development.