18th BRICS Summit 2026 in New Delhi: India Chairs for Fourth Time
New Delhi is set to host the 18th BRICS Summit, marking India's fourth time as chairman of the influential group of emerging economies.
Source: The HinduThe 18th BRICS Summit will take place in New Delhi on September 12-13, 2026. India will assume the chairmanship of the BRICS group for the fourth time. Leaders from Brazil, Russia, India, China, and South Africa are expected to attend this important international gathering. The summit provides a platform for these five major emerging economies to discuss global issues, economic cooperation, and political coordination. India's role as chairman will involve setting the agenda and guiding discussions on various topics relevant to the BRICS nations and the wider developing world. This summit is crucial for strengthening multilateralism and fostering greater collaboration among member states on trade, investment, and development challenges.
This event is important for competitive exams, especially for UPSC GS Paper II (International Relations) and SSC General Awareness. Aspirants should understand BRICS's role in global governance, its objectives, and India's foreign policy engagement with the group. Questions often focus on the summit's location, India's chairmanship, and the group's impact on the global economic and political landscape.
- The 18th BRICS Summit will be held in New Delhi, India.
- The summit is scheduled for September 12-13, 2026.
- India will chair the BRICS Summit for the fourth time.
- BRICS comprises five member countries: Brazil, Russia, India, China, and South Africa.
- The first BRIC summit took place in Yekaterinburg, Russia, in 2009.
- South Africa joined the group in 2010, changing BRIC to BRICS.
BRICS is an acronym for an association of five major emerging national economies: Brazil, Russia, India, China, and South Africa. It was formed to promote cooperation among these countries and to provide a platform for discussing global economic and political issues. The group represents a significant portion of the world's population and economic output.
The chairmanship of BRICS rotates annually among the member countries. The country holding the chairmanship is responsible for hosting the annual summit and setting the agenda for discussions throughout the year. This role allows the chairing nation to influence the group's priorities and initiatives.
The New Development Bank (NDB) is a multilateral development bank established by the BRICS states. Its purpose is to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. The NDB was founded in 2014 and is headquartered in Shanghai, China.
UPSC often asks about the objectives of BRICS, its key initiatives like the NDB, and India's engagement with the group. SSC exams might focus on the member countries, founding year, or recent summit locations.
Remember BRICS by thinking of 'Big Rich Indian Countries' (Brazil, Russia, India, China) and then add 'South Africa' for the 'S'.
Frequently Asked Questions
What is the main purpose of the BRICS group?
The main purpose of the BRICS group is to promote cooperation among its member countries (Brazil, Russia, India, China, South Africa) on economic, political, and cultural fronts. It aims to reform global financial institutions and foster a more equitable world order.
When did South Africa join the BRICS group?
South Africa officially joined the BRIC group in December 2010, leading to the acronym changing from BRIC to BRICS. Its inclusion expanded the group's representation to the African continent.
Where is the headquarters of the New Development Bank (NDB) located?
The headquarters of the New Development Bank (NDB), established by the BRICS nations, is located in Shanghai, China. The NDB plays a crucial role in funding infrastructure and sustainable development projects.