As Narendra Modi enters "BRICS time space -2026" -- the world will believe perhaps there would be some 'outcomes' !!

 The relevance of BRICS in today's work and performance metrics of the organisation has changed over the years.  

Can India and Russia discuss further to explore avenues to mediate so that the Ukraine-Russia conflict is brought to an end ?

PM Narendra Modi's words of wisdom to Russian president Vladimir Putin -- "move from an endless war to the end of war" should find resonance at the 18th BRICS Summit in Delhi.  

India and China both have a stake in ensuring that global governance structures evolve to reflect the aspirations and interests of the developing world. It’s essential to understand that working in a challenging or a crisis situation is different from working in normal conditions. 

Any crisis can be dubbed as a 'situation' where a specific positioning/location/standing maybe affected by both time and place —meaning that a certain condition would causes disorder, discomfort and instability in the environment. India is hosting it at a much critical time. 

The emerging multilateral order must expand the policy space available to countries. The true measure of BRICS' success will lie in widening the range of development choices available to its members and partners.  

Where does BRICS as a group stand with some emerging issues?  

BRICS consists of energy producers and consumers. 

China, India, Iran, Russia, and the UAE, are already doing some of their energy transactions in local currencies. Most of these transactions are bilateral. 

India has also used the Chinese Yuan and Dirham of UAE to pay for Russian oil imports. The creation of a single BRICS currency is unlikely to materialise. 

A key prerequisite for transforming BRICS into a more cohesive trading bloc will be the development of a common understanding on trade -related issues between India and China.

In a volatile global environment, the world expects India to leverage its home-field advantage.

As Narendra Modi enters "BRICS time space -2026" -- the world will believe perhaps there would be some 'outcomes' out of the meeting.  

New Delhi will have to promote practical cooperation in key areas and also maintain a development-first approach. The continued evolution of BRICS needs to be viewed in the context of a changing world.

  

An anchor for a forum like BRICS during these trying times must have emotional intelligence and behavioral sensitivity. 

Understanding human reactions —

fear, anger, grief— not necessarily in that order is vital. The global order is undergoing one of its most critical transformations since the end of the Cold War. 

There are multiple issues at hands - supply-chain disruptions, climate risks, technological competition and geopolitical fragmentation. 

Recognizing the transition-phase; BRICS members including India have already begun exploring cooperation in these domains.

New Delhi hosted the AI Impact Summit in February this year.

China also held the World Artificial Intelligence Conference in July. Today, there is something called the World AI Cooperation Organization. 

These early moves could lay a practical foundation for discussions on technology-related issues at the New Delhi summit.  

If New Delhi can harness its own development momentum and channel it into BRICS cooperation, this summit will help India enhance its tech industry.  

India's economic momentum; its GDP performance and rapid development in digital industry and biomedicine give it advantages while holding discussions on technology governance. The onus of BRICS leadership does not lie with India alone. Russia and China will have to play enhanced roles.  

There is a 'shared interest'.  And this factor finds crystal clear  expression in platforms such as BRICS, which is a voice for emerging economies.

Hence, issues such as sustainable development, financial architecture and technology cooperation could be given a new dimension.