IRGS2

BRICS Summit and India's Foreign Policy Trajectory

The Hindu·2026-09-18· Read original

"BRICS Summit and India's Foreign Policy Trajectory"

Prelims Facts

  • •BRICS held its first summit at Yekaterinburg.
  • •The Fortaleza Declaration announced the New Development Bank (NDB).
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Key Terms

Strategic autonomy

A foreign-policy stance preserving independent decision-making across partners.

Multi-alignment

Pursuing simultaneous, diversified partnerships to maximise national interest.

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Study Note

BackgroundCore Concept

Background

BRICS began as a forum of major emerging economies intended to give developing countries a stronger voice in global governance. The first summit met in Yekaterinburg and the grouping later institutionalised development-finance options such as the New Development Bank (NDB) under the Fortaleza Declaration. BRICS membership widened so the platform now includes 10 members, reflecting both geographic expansion and a greater mix of policy orientations. The grouping has long been attractive to India because it offers a multilateral venue to press for institutional reform, greater voice in the United Nations, alternative development finance, and mechanisms that reduce dependence on Western-dominated systems such as SWIFT and the dollar system.

India’s post-Cold War foreign policy settled on strategic autonomy and multi-alignment: maintain partnerships with Western democracies while engaging non-Western powers. This approach balances access to technology and capital with the political space to resist policy prescriptions perceived as biased toward developed states. BRICS sits alongside other platforms, bilateral ties, the Quad, I2U2, forming a diversified external engagement toolkit.

The Topic Explained

BRICS functions as a political and economic platform rather than a security alliance. Its declarations are consensus texts that reflect member heterogeneity: members range from states openly adversarial to the West to those integrated economically with Western institutions. Institutional instruments associated with BRICS include the NDB and the Contingent Reserve Arrangement, and recurrent BRICS proposals include a payment mechanism aimed at reducing reliance on the dollar (commonly called de-dollarisation measures).

Consensus rules shape what a joint declaration can say. Multilateral text often uses carefully chosen phrases, such as opposing “unilateral coercive measures”, to signal positions without direct bilateral naming. …

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Related PYQs

2015GS1 Prelims

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

AASEAN
BBRICS
COECD
DWTO
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2025GS2 Mains

Energy security constitutes the dominant kingpin of India's foreign policy, and is linked with India's overarching influence in Middle Eastern countries. How would you integrate energy security with India's foreign policy trajectories in the coming years? (250 words)

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2022GS2 Mains

How will I2U2 (India, Israel, UAE and USA) grouping transform India's position in global politics? (250 words)

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Practice MCQs

IReasy

Consider the following statements about BRICS and its institutional outcomes:

1.The New Development Bank (NDB) was announced at the Fortaleza Declaration.

2.BRICS held its first summit at Yekaterinburg.

3.BRICS expanded membership to 10 countries under the Kazan chairship.

Which of the statements given above is/are correct?

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

Which of the following pattern changes was reported for the New Delhi BRICS declaration compared to prior recent summits?

AIt omitted references to the Ukraine conflict that earlier declarations had included.
BIt established a full military alliance among member states.
CIt revoked the New Development Bank's charter.
DIt mandated a BRICS common external tariff.
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IRmedium

Which of the following is a commonly stated objective in BRICS declarations and associated proposals?

ADevelopment of alternative financial arrangements such as a BRICS payment mechanism and the New Development Bank.
BFormation of a mutual defence pact among member states.
CA unified trade tariff schedule identical across all members.
DA common currency to be adopted by member states within five years.
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IReasy

Which of the following describes a key institutional instrument created under BRICS for development finance?

AA bank for infrastructure financing known as the New Development Bank.
BA permanent BRICS standing army for regional peacekeeping.
CA common BRICS currency to settle trade among members.
DA BRICS-based World Trade Organisation alternative.
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IReasy

In multilateral communiqués, the phrase 'unilateral coercive measures' most directly criticises which practice?

AUse of extraterritorial sanctions and economic restrictions by one state without UN mandate.
BImposition of import tariffs under WTO dispute settlement.
CCollective sanctions imposed by the UN Security Council.
DBilateral trade agreements between two countries.
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