IRGS2+ GS3

Potential G3 Summit Casts Shadow Over BRICS and India's Strategic Position

Indian Express·2026-09-09· Read original

"Potential G3 Summit Casts Shadow Over BRICS and India's Strategic Position"

Prelims Facts

  • •Indonesia became the 11th full member of BRICS in January 2025, after the 16th BRICS Summit was held under Russia's chairship in Kazan.
  • •The New Development Bank (NDB), BRICS's most concrete institutional achievement, is headquartered in Shanghai and was proposed by India at the 2012 New Delhi summit.
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Key Terms

Multi-alignment

India's strategy of engaging multiple, overlapping groupings simultaneously without binding alliance commitments.

Strategic autonomy

India's foreign policy doctrine of preserving freedom of action across competing power blocs.

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Study Note

BackgroundCore Concept

Background

BRICS began as BRIC in 2006, when the foreign ministers of Brazil, Russia, India, and China held their first formal dialogue on the sidelines of the UN General Assembly. The first leaders' summit took place in Yekaterinburg, Russia, in 2009. South Africa joined in 2010, completing the BRICS acronym. The grouping's founding premise was that the existing international order, shaped by Western-led institutions such as the IMF, the World Bank, and the UN Security Council, did not adequately represent the economic weight of large emerging economies.

The grouping's most concrete institutional achievement is the New Development Bank (NDB), headquartered in Shanghai, proposed by India at the 2012 New Delhi summit. A companion mechanism, the Contingent Reserve Arrangement (CRA), a $100 billion currency swap pool, provides short-term liquidity support to members facing balance-of-payments stress. These two institutions gave BRICS real financial architecture beyond declarations.

At the 16th BRICS Summit in Kazan, Russia, the grouping admitted new members, with Indonesia joining as the 11th full member in January 2025. This expansion, while symbolically significant, has introduced structural tensions. The consensus principle that kept the original five members cohesive is under pressure from a more diverse membership with sharply divergent interests. The structural tension between the US-led West and the Russo-Chinese bloc in multilateral institutions, visible in the deadlock over UN Security Council reform, now plays out inside BRICS itself, as Russia and China simultaneously challenge Western dominance in multilateral forums while quietly seeking bilateral accommodation with Washington. This dual posture is the central contradiction the G3 thesis exposes.

India's engagement in BRICS has always been shaped by its doctrine of strategic autonomy, rooted in the Non-Aligned Movement tradition. This has evolved into multi-alignment: simultaneous, active participation in overlapping groupings including BRICS, the G20, the Quad, and the Shanghai Cooperation Organisation (SCO). India's vision for BRICS was always reform-oriented, not revisionist. It sought a more equitable multilateral order, not the dismantling of one.

The Topic Explained

BRICS operates on the principle of consensus, meaning every major decision requires agreement from all members. This was manageable with five members sharing broadly similar grievances against the Western-led order. Expansion to eleven members has made consensus harder. The grouping now includes countries with active bilateral conflicts of interest: Iran and the UAE are fellow BRICS members despite Iran's attacks on UAE-linked shipping through the Strait of Hormuz and the UAE's close security ties with the United States and Israel.

The de-dollarisation debate is a recurring fault line. Russia and China push for BRICS to develop alternative payment systems and reduce dependence on the US dollar. India has been cautious, recognising that a premature rupture with dollar-denominated trade could harm its own economic interests and damage relations with the United States and Europe. …

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Related PYQs

2025GS1 Prelims

Consider the following statements with regard to BRICS:

I.16th BRICS Summit was held under the Chairship of Russia in Kazan.

II.Indonesia has become a full member of BRICS.

III.The theme of the 16th BRICS Summit was 'Strengthening Multiculturalism for Just Global Development and Security'.

Which of the statements given above is/are correct?

AI and II
BII and III
CI and III
DI only
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2015GS1 Prelims

The 'Fortaleza Declaration', recently in the news, is related to the affairs of

AASEAN
BBRICS
COECD
DWTO
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2015GS1 Prelims

India is a member of which among the following?

1.Asia-Pacific Economic Cooperation

2.Association of South-East Asian Nations

3.East Asia Summit

Select the correct answer using the code given below.

A1 and 2 only
B3 only
C1, 2 and 3
DIndia is a member of none of them
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2025GS2 Mains

'The reform process in the United Nations remains unresolved, because of the delicate imbalance of East and West and entanglement of the USA vs. Russo-Chinese alliance.' Examine and critically evaluate the East-West policy confrontations in this regard.

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Practice MCQs

IRmedium

Consider the following statements about BRICS:

1.Indonesia joined BRICS as its 11th full member in January 2025.

2.The 16th BRICS Summit was held under Russia's chairship in Kazan.

3.The New Development Bank (NDB) is headquartered in Beijing.

4.The Contingent Reserve Arrangement (CRA) is a $100 billion currency swap pool.

Which of the statements given above are correct?

A1, 2 and 4 only
B1 and 2 only
C2, 3 and 4 only
D1, 2, 3 and 4
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IRmedium

Match the following BRICS institutional achievements with their correct descriptions:

List I (Institution/Mechanism) — List II (Key Feature)

A.New Development Bank — 1. Proposed by India at the 2012 New Delhi summit; headquartered in Shanghai

B.Contingent Reserve Arrangement — 2. A $100 billion currency swap pool for balance-of-payments support

C.Fortaleza Declaration — 3. Announced the establishment of both the NDB and CRA at the 2014 Brazil summit

D.Kazan Summit — 4. 16th BRICS Summit under Russia's chairship; Indonesia admitted as 11th member

Select the correct match:

AA-1, B-2, C-3, D-4
BA-2, B-1, C-4, D-3
CA-1, B-3, C-2, D-4
DA-3, B-2, C-1, D-4
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IRmedium

With reference to India's membership in international groupings, consider the following:

1.India is a member of the East Asia Summit.

2.India is a member of the Asia-Pacific Economic Cooperation (APEC).

3.India is a member of the Shanghai Cooperation Organisation (SCO).

4.India is a member of the Association of South-East Asian Nations (ASEAN).

Which of the statements given above is/are correct?

A1 and 3 only
B1, 2 and 3 only
C2 and 4 only
D1, 3 and 4 only
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IReasy

Which of the following best describes the 'Fortaleza Declaration' in the context of BRICS?

AA declaration issued at the first BRICS summit in Yekaterinburg announcing the grouping's founding principles
BA declaration issued at the sixth BRICS summit in Brazil announcing the establishment of the New Development Bank and the Contingent Reserve Arrangement
CA declaration issued at the 16th BRICS summit in Kazan announcing Indonesia's admission as the 11th member
DA declaration issued at the 2012 New Delhi summit proposing the creation of a BRICS development bank
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IRhard

Consider the following statements about the emerging 'G3' concept discussed in the context of global governance:

1.A G3 directorate would involve the United States, China, and Russia as co-equal managers of the international order.

2.Russia was previously part of the G8 before being suspended following the annexation of Crimea.

3.A G3 summit, if held, would strengthen BRICS's role as the primary forum for Global South leadership.

Which of the statements given above is/are correct?

A1 and 2 only
B2 and 3 only
C1 only
D1, 2 and 3
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