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Trump’s Policies Are Strengthening BRICS as India Seeks Consensus

Trump’s Policies Are Strengthening BRICS as India Seeks Consensus
Opinion | How Trump Is Doing More For BRICS Than Its Critics Ever Could · NDTV

India is hosting an important meeting of BRICS countries.

The group includes countries with different opinions, especially Iran and the United Arab Emirates.

Their disagreement prevented foreign ministers from producing a shared statement.

India now wants the larger summit to reach an agreement.

The article says Donald Trump’s policies are making BRICS seem more important to countries seeking alternatives to United States influence.

BRICS is discussing ways to trade more in national currencies instead of relying so heavily on the dollar.

The group is also considering cooperation in technology, payments, supply chains, and connectivity.

The author believes India can work with Western countries while also using BRICS to support a more balanced international system.

Key facts

Host country
India is chairing the BRICS summit.
Immediate challenge
Iran and the United Arab Emirates could not reconcile their positions at the foreign ministers meeting.
Statement outcome
The BRICS foreign ministers meeting failed to issue a joint statement.
Trump’s BRICS policy
Donald Trump has threatened BRICS countries with 100% tariffs if they move toward de-dollarisation.
Currency policy
BRICS seeks to promote trade in national currencies, although the article says it has no formal de-dollarisation agenda.
Summit participants
The article says Xi Jinping, Vladimir Putin, and Iran’s president are expected to participate.
Proposed cooperation
BRICS members are considering technology partnerships, new supply chains, connectivity projects, and greater cooperation in digital public infrastructure.

Sources

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