BRICS
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
Background
From 5 stories, the newest dated 12 Sept 2026. Summary written 2 Oct 2026.
BRICS is a grouping of countries whose leaders, finance officials and ministers discuss trade and cooperation among members.
Show 2 more paragraphs and 5 sources
Its agenda in India has included cross-border payment links, local-currency trade, market access, supply chains and agricultural trade, issues that can affect businesses trading across member markets. [1] source: The Hindu BusinessLine[2] source: The Hindu BusinessLine[3] source: The Hindu BusinessLine[4] source: ET Retail BRICS exports reached $6 trillion in 2024, and the bloc’s share of global exports was about 24%. [3] source: The Hindu BusinessLine
On September 12, 2026, BRICS finance officials backed interoperable payment systems and local-currency trade rather than a common currency. [2] source: The Hindu BusinessLine On September 12, 2026, BRICS leaders endorsed further work on a Russia-proposed grain exchange, with a pilot targeted for this year and full-fledged operations in 2027. [1] source: The Hindu BusinessLine The New Delhi Declaration also backed collaboration on farm inputs, seed systems, digital agriculture and non-discriminatory supply chains. [1] source: The Hindu BusinessLine On September 11, 2026, India urged BRICS members to link payment systems, expand local-currency trade and ease market access. [5] source: The Hindu BusinessLine
Sources
Stories that mention BRICS
3 stories
BRICS is named in these stories but is not their subject.