India Assumes Brics Presidency Amid Global Trade Tensions, Focus on Global South
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India Assumes Brics Presidency Amid Global Trade Tensions, Focus on Global South

India assumed the rotating presidency of Brics for 2026, aiming to promote inclusive development and a greater role for the Global South amid global trade tensions. The expanded Brics bloc now includes eleven nations, representing a significant portion of the world's population, GDP, and trade. New Delhi is expected to focus on local currency settlements and reforms in multilateral institutions like the WTO, potentially resisting confrontational de-dollarization efforts.

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