The BRICS grouping has expressed significant concern over the increasing adoption of unilateral tariffs and non-tariff measures, asserting that such actions distort international trade and contravene World Trade Organization (WTO) regulations. This strong stance was formalized in the New Delhi Declaration, adopted unanimously by the expanded bloc at the BRICS Summit held in the Indian capital.
BRICS Calls for Rules-Based Trade System
The declaration places the issue of trade barriers prominently on the BRICS economic agenda, signaling the members' collective desire for enhanced cooperation and a more influential role in shaping global economic policies. Beyond tariffs, the bloc also condemned "unilateral coercive measures" that are inconsistent with international law, broadening its critique of restrictive practices.
India, which currently holds the BRICS chairship, has been a key driver in encouraging member states to deepen trade collaboration, dismantle existing barriers, and foster new business opportunities. New Delhi aims to position BRICS as a more powerful advocate for developing economies within the framework of global economic governance.
Consensus Amid Geopolitical Tensions
The unanimous adoption of the New Delhi Declaration followed extensive consultations led by India to bridge differing viewpoints among member nations. Sources close to the negotiations revealed that reaching a consensus was particularly challenging due to ongoing conflicts and heightened tensions in regions like the Gulf. This diplomatic achievement is noteworthy, especially after a BRICS foreign ministers' meeting earlier in New Delhi failed to issue a joint statement due to disagreements between Iran and the United Arab Emirates.
The trade-focused position articulated by BRICS thus emerges against a backdrop of complex geopolitical dynamics both within and beyond the grouping. The declaration also touched upon broader concerns, including the rising risks of nuclear danger and conflict, emphasizing the critical importance of upholding nuclear safeguards, safety, and security, even during armed conflicts.
Modi Advocates for a Stronger Global South
During the summit's opening, Indian Prime Minister Narendra Modi declared that BRICS had "come of age" and urged the bloc to translate its unity into tangible global outcomes. He stressed the need for BRICS to guide global reform, highlighting that the "Global South" often faces the brunt of global crises while being marginalized in decision-making processes.
"We have to transform this pyramid and privilege into a platform of partnership — where every country has a voice, every member has a stake," Modi stated. He reiterated India's call for reforms within the United Nations Security Council, including permanent representation for India and other emerging powers, emphasizing that a shared future necessitates shared rights in shaping that future.
The BRICS grouping currently includes Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran, and the United Arab Emirates.