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BRICS nations urge ‘restraint’, smooth flow of global trade

Saturday’s declaration voiced “deep concern over the continued escalation of tensions”

Credible News by Credible News
September 12, 2026
in Conflict, Economy, Global Trade, News, Oil & Gas, Politics, Security
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Participants at BRICS Economic Summit in India

Participants at BRICS Economic Summit in India

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BRICS group ⁠of nations has unanimously ⁠adopted a joint declaration, calling for calm in the Middle East and stressing the need to work together to maintain the smooth flow of global trade, supply chains and energy.

The summit launched on Saturday in New Delhi, with India’s Prime Minister Narendra Modi hosting the two-day meeting. China’s President Xi Jinping, Russia’s President Vladimir Putin and Iran’s President Masoud Pezeshkian are among those attending.

The presidency of the 11-member bloc has passed to New Delhi at a difficult moment, with wars in the Middle East and Ukraine disrupting energy and shipping, tariffs squeezing members, and BRICS countries at odds over how to answer either challenge.

Saturday’s declaration voiced “deep concern over the continued escalation of tensions” across the Middle East, calling for “maximum restraint” and warning against deliberate attacks on civilian infrastructure and on nuclear facilities, in particular.

It reiterated the bloc’s position on Palestine, expressing “firm opposition” to the forced displacement of Palestinians, and changing the geography or demography of the occupied territory.

It also called for an end to Israeli violence in Gaza, support for the UNRWA and full United Nations membership for Palestine.

Expansion of non-Western cross-border payment channels, cooperation on artificial intelligence and opposition to unilateral sanctions and tariffs are also subjects of the wide-ranging declaration.

President Xi arrived in the Indian capital on Saturday morning, his first visit to the country in seven years as the two Asian giants seek to thaw relations.

He said the fighting in the Middle East did not serve the world’s interests. “As the situation in the Middle East and the Gulf region continues to evolve, the war there has caused serious losses to people across the region,” China’s Xinhua quoted Xi as saying.

It “does not serve the common interests of the international community”, Xi said.

Also Read: Lula fires back at Trump’s BRICS tariff threat

On Friday, Modi held talks with Putin – agreeing to deepen ties – and with Pezeshkian, raising freedom of navigation and the safety of ship crews in the Strait of Hormuz.

South Africa’s Cyril Ramaphosa, Egypt’s Abdel Fattah el-Sisi, Ethiopia’s Abiy Ahmed and Indonesia’s Prabowo Subianto are also attending. The United Arab Emirates has sent the Crown Prince of Abu Dhabi, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, as its representative. Founding member Brazil sent Foreign Minister Mauro Vieira to stand in for President Luiz Inacio Lula da Silva.

BRICS – which stands for Brazil, Russia, India, China and South Africa – was created in 2006 as BRIC by the first four countries as a forum for major emerging economies seeking greater influence in institutions dominated by Western powers. It has since expanded to include other states.

The heads of the World Health Organization (WHO), the World Trade Organization (WTO), and United Nations Secretary-General Antonio Guterres are also present at the India summit.

Speaking at a closed session, Egypt’s el-Sisi called for maintaining “the stability and freedom of international navigation”.

“The current developments in the Middle East and their negative repercussions on the global economy, trade and energy flows, and supply chains affirm the close link between security and development,” he said.

 

Al Jazeera

 

Tags: BRICSChina’s President Xi JinpingNew DelhiPresident Masoud PezeshkianPresident Vladimir PutinPrime Minister Narendra Modi
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