BRICS member nations meeting in New Delhi agreed to a joint resolution calling for maximum restraint in the Middle East conflict and advocating for a peaceful solution through dialogue, according to reports from the summit. The bloc emphasized the need to maintain global trade flows, supply chains, and energy markets while rejecting unilateral sanctions.
Diplomatic Breakthrough at New Delhi Summit
The adoption of a joint resolution represents a significant diplomatic achievement for the bloc and summit host Narendra Modi, the Indian President. Iranian and Emirati officials participated in the talks despite ongoing tensions in the Middle East initiated by the United States and Israel. A prior ministerial preparatory meeting in May failed to produce a unified statement, making the New Delhi consensus a notable shift. Russian President Vladimir Putin, Chinese President Xi Jinping, Iranian Prime Minister Masoud Pezeshkian, and Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan attended the annual gathering.
Economic Cooperation and Supply Chain Stability
Beyond regional security, the summit focused heavily on safeguarding global commerce and energy supplies against disruptions stemming from the conflict involving Iran. According to the Iranian embassy in India, Prime Minister Pezeshkian and the Crown Prince of Abu Dhabi held a bilateral meeting on the sidelines of the summit. Originally founded by Brazil, Russia, India, China, and South Africa, the BRICS bloc has expanded to include Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates. Together, these nations account for 49,5 % of the world’s population and 40 % of global GDP.
Did You Know?
The expanded BRICS bloc now represents nearly half of the global population and four-tenths of the world’s economic output, according to summit data.
Calls for International Institutional Reform
During the proceedings, Chinese President Xi Jinping stated that the ongoing war does not serve the common interests of the bloc or the international community. Xi urged attendees to oppose great power confrontation, sovereignty violations, and protectionism while supporting the United Nations. Furthermore, Xi announced that China will assume the organization’s presidency in 2027 to host the 19th summit. Leaders also targeted structural reforms in global bodies like the World Bank, the International Monetary Fund, the World Trade Organization, and the UN Security Council, where the United States, United Kingdom, France, Russia, and China currently hold exclusive veto power. Prime Minister Modi asserted that reform of the UN Security Council can no longer be delayed.
Frequently Asked Questions
What was the main agreement reached by BRICS nations in New Delhi?
According to the summit resolution, members agreed to call for maximum restraint in the Middle East, advocate for peaceful dialogue, maintain global trade and energy flows, and reject unilateral sanctions.
Which countries currently make up the BRICS bloc?
The group includes founding members Brazil, Russia, India, China, and South Africa, alongside newer additions Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates.
When will China assume the BRICS presidency?
According to announcements made at the New Delhi summit, China will take over the presidency of the organization in 2027.
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