The New Delhi declaration reaffirmed members' commitment to the bloc's spirit of mutual respect, sovereign equality, and democracy.
Key highlights of the New Delhi Declaration
- UN Security Council Reform: Called for comprehensive reform to make the UNSC more representative of the Global South.
- Permanent members like China and Russia reiterated their support for the aspirations of Brazil and India to play a greater role in the UNSC.
- Counter-Terrorism: Condemned the 2025 Pulwama attack and urged adoption of the Comprehensive Convention on International Terrorism (CCIT).
- Local Currency Trade & Cross-Border Payments: Promoted local-currency settlements and interoperable cross-border payments through the BRICS Payment Task Force (BPTF).
- New Development Bank (NDB): Leaders supported expanding the NDB's membership, local currency lending, and the launch of the BRICS-NDB Knowledge Portal.
- Industrial Innovation: Strengthened Industry 4.0 cooperation through Partnership on the New Industrial Revolution (PartNIR) and welcomed India’s India Centre for BRICS Industrial Competencies (ICBIC).
- Others: Establishing a BRICS Grain Exchange, BRICS Expert Working Group on Traditional, Complementary and Integrative Medicine (TCIM),adoption of BRICS CONNECT (BRICS Cooperation Network for Capacity Building, Employability, and New Skills and Technologies).
