On 13 September, the 18th BRICS Summit concluded in New Delhi, bringing India’s 2026 Presidency to its final stage. The Summit was preceded by the BRICS Business Forum and a year of work across ministerial and sectoral tracks.

We have prepared a memo covering:

• the Summit’s main decisions and the results of the Business Forum
• relations within BRICS and the impact of the conflict involving Iran
• trade, finance, payment and investment tracks
• artificial intelligence, digital public infrastructure and cybersecurity
• the BRICS Grain Exchange, agriculture and food security
• healthcare, pharmaceuticals and competition policy
• the initiatives that will continue under China’s 2027 Presidency.