A new BRICS is emerging — can it deliver?

The New Delhi Declaration, adopted unanimously at the 18th BRICS Summit on September 12, will be read mostly through a geopolitical lens: Gaza, Security Council reform, sanctions, the drift toward a multipolar order. That reading isn’t wrong. It just misses the bigger story buried in the document’s sheer bulk.

Of the more than 130 paragraphs BRICS leaders signed off on, only about a third concern geopolitics and security. The rest — nearly a hundred paragraphs — sketch an increasingly dense architecture spanning health, food security, energy, industrial cooperation, science, finance, trade, climate and human development.

Read more