New Delhi summit adopts leaders’ declaration

A declaration set up a business network intended to expand women’s participation in cross-border economic cooperation.

The twelfth summit addressed the pandemic, international economic recovery, security and continued cooperation among the five countries.

The strategy set medium-term cooperation priorities in trade, investment, finance and the digital economy.

At the bank’s sixth annual meeting, governors reviewed emergency lending, plans for new members and infrastructure priorities.

The five agencies signed an agreement for a virtual constellation using existing remote-sensing satellites. Shared observation data could help with climate, disaster and environmental work.

The Delhi Declaration sought a more inclusive and representative multipolar order with the United Nations at its centre.

The declaration welcomed the signed remote-sensing cooperation agreement and plans for agricultural and innovation cooperation. It recorded multiple tracks beyond finance.

Bangladesh deposited its accession instrument and became the bank’s first effective member beyond the five founding countries. This was NDB membership, not BRICS membership.

The bank and Shanghai municipal government held a handover and move-in ceremony for the headquarters building.

The UAE deposited its accession instrument, becoming an effective member of the bank before it was invited to join the BRICS grouping in 2023.