BRICS Adopts New Delhi Declaration on Trade and Conflict
The BRICS group of nations adopted the New Delhi Declaration 2026 during the 18th BRICS Summit held in India over the weekend. The declaration emphasizes conflict prevention, stronger multilateral ties, and condemns terrorism and unilateral trade measures.
It expresses concern over the ongoing war in the Middle East, urging maximum restraint and dialogue. Indian Prime Minister Narendra Modi confirmed the unanimous adoption of the declaration, which includes provisions for protecting civilians and opposing actions threatening nuclear safety.
The declaration criticizes unilateral tariffs that distort trade and harm developing economies, calling for their elimination. Additionally, it supports cross-border payments in local currencies and proposes the creation of a BRICS Payment Task Force to facilitate easier transactions among member countries.
On the summit's sidelines, Nigerian Vice President Kashim Shettima reaffirmed Nigeria's commitment to the World Trade Organisation and the multilateral trading system during a meeting with WTO Director-General Ngozi Okonjo-Iweala.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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