India hosting the BRICS summit in New Delhi.The leaders from major emerging economies include India, China, Russia, Brazil, South Africa, the UAE, Iran, Egypt, Ethiopia and Indonesia.
As world leaders gather in New Delhi for the 2026 BRICS Summit, one person who is not attending may still be the most influential figure in the room: US President Donald Trump.
The summit brings together leaders from major emerging economies including India, China, Russia, Brazil, South Africa, the UAE, Iran, Egypt, Ethiopia and Indonesia. Yet the discussions are expected to be heavily influenced by US trade policies, global geopolitical tensions and growing debates over the future of the international economic order.
For India, hosting the summit is about much more than diplomacy. It is an opportunity to demonstrate leadership on the global stage while balancing relationships with both the West and the developing world.
What Happened?
The BRICS leaders have assembled in Delhi at a time when the global economy faces multiple challenges.
Several issues dominate the agenda:
- Ongoing instability linked to the Iran conflict
- Concerns over global energy supplies
- Possible US tariffs affecting international trade
- Calls for reform of global institutions such as the United Nations, IMF and World Bank
- Efforts to increase trade settlements in local currencies
The summit also provides an important platform for bilateral meetings. Prime Minister Narendra Modi is expected to hold discussions with Chinese President Xi Jinping and Russian President Vladimir Putin, both of which carry significant geopolitical importance.
Why Trump Matters Even Without Being There
A major reason Donald Trump’s influence hangs over the summit is his strong opposition to any effort that could weaken the dominance of the US dollar.
For several years, some BRICS members have explored ways to conduct more trade in their own currencies. Russia and Iran, both facing Western sanctions, have been particularly interested in alternatives to dollar-based transactions.
Trump has repeatedly warned against any attempt to create a rival currency system. His administration has also used tariffs aggressively as a foreign policy tool.
As a result, many BRICS nations must carefully balance their desire for greater economic independence with the reality that the United States remains one of the world’s most powerful markets and financial centres.
Why Reaching Consensus Is So Difficult
One of the biggest challenges facing BRICS today is its own diversity.
The group has expanded significantly, bringing together countries with very different interests, political systems and strategic priorities.
For example:
- India is strengthening economic ties with the United States.
- China is competing with the US for global influence.
- Russia wants stronger alternatives to Western-led institutions.
- Iran seeks support against international pressure.
- The UAE maintains close security and economic links with Washington.
Because of these differences, any final declaration is likely to be carefully worded. Strong anti-US language appears unlikely.
The summit’s success may depend less on dramatic statements and more on whether members can agree on practical areas of cooperation.
The Bigger Picture: Why BRICS Is Becoming More Important
BRICS has evolved far beyond its original five-member structure.
Today, the grouping represents a substantial share of:
- Global population
- Global economic output
- International trade
Its supporters argue that global governance institutions created after World War II no longer fully reflect modern economic realities.
Many developing countries believe they deserve greater influence in decision-making on trade, finance and global development.
BRICS increasingly positions itself as a platform for these voices.
One of its most concrete achievements remains the New Development Bank, which finances infrastructure and development projects across emerging economies.
What It Could Mean for India
For India, the summit is both an opportunity and a test.
A successful summit would help strengthen India’s image as a leading voice of the Global South. It would also reinforce Delhi’s growing role as a bridge between developed and developing economies.
However, India must navigate several challenges:
Managing Relations with China
Although relations between India and China have improved since recent border tensions, significant strategic competition remains.
The Modi-Xi meeting will be closely watched for signs of further progress.
Managing Relations with Russia
India continues to maintain strong ties with Moscow while also deepening partnerships with Western countries.
Balancing these relationships remains a central feature of India’s foreign policy.
Expanding Global Influence
India wants a larger presence in Africa, Latin America and other developing regions where China’s economic influence remains strong.
The BRICS platform offers an opportunity to deepen these connections.
What Happens Next?
The key measure of success will be whether leaders can agree on a joint declaration.
Investors, policymakers and governments will also watch for:
- New financial cooperation initiatives
- Expansion of local currency trade mechanisms
- Statements on global conflicts
- Progress on institutional reforms
- Outcomes of Modi’s meetings with Xi and Putin
Even modest agreements could enhance BRICS’ credibility as an influential international grouping.
Ravi Tiku’s Perspective
The real story of this summit is not whether BRICS challenges the United States directly. It is whether the organisation can prove that a diverse coalition of emerging economies can work together despite major disagreements.
India finds itself in a unique position. Unlike some members that define themselves in opposition to the West, India seeks constructive engagement with all major powers.
That balancing act makes Delhi an ideal host but also places enormous responsibility on its leadership.
If India can secure consensus while advancing practical cooperation, the summit will strengthen both BRICS and India’s standing in global affairs. If divisions dominate, critics will continue to dismiss BRICS as a forum that talks more than it delivers.
Key Takeaway
The 2026 BRICS Summit is ultimately a test of influence, credibility and leadership. While Donald Trump’s policies remain a powerful factor shaping global discussions, the bigger question is whether BRICS can transform itself from a symbol of emerging power into an effective force in global decision-making. For India, success would represent a significant diplomatic achievement and reinforce its ambition to become a leading voice in an increasingly multipolar world.
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