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BRICS Banks Consensus in Delhi With a Declaration Built on Omission

Elena MarquezPublished 2month ago4 min readBased on 9 sources
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BRICS Banks Consensus in Delhi With a Declaration Built on Omission
Photo by Prime Minister's Office / GODL-India

BRICS leaders adopted the "New Delhi Declaration" on the first day of the Leaders' Summit in New Delhi in September 2026.

India hosted the summit as BRICS Chair, a role that drew full support from members for its 2026 chairship. Attendees in Delhi included Chinese President Xi Jinping, Russian President Vladimir Putin, Iranian President Masoud Pezeshkian, Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan and South African President Cyril Ramaphosa, according to BBC.

The declaration centers on the war in the Middle East. It expresses "deep concern" over hostilities and urges "maximum restraint." It condemns "attacks on civilian infrastructure and peaceful nuclear facilities" without assigning blame. It also calls for protection of civilians and trade, language that both Iran and the United Arab Emirates backed ahead of the summit, according to Reuters.

That consensus was not preordained. The U.S.-led war on Iran split BRICS members ahead of the September 2026 summit, according to Reuters. Iran launched missiles and drones at fellow BRICS member the UAE during the Middle East war. Chinese President Xi Jinping urged BRICS to take a peacemaking role in the Middle East war in September 2026.

Language calibrated to hold

On other dossiers, the text holds through omission. It makes no mention of Russia's war in Ukraine. It lists concerns over "indiscriminate rising tariffs" and condemns unilateral sanctions without naming the United States.

The declaration also states that BRICS countries unequivocally condemned terrorism in all its forms and manifestations, a formulation detailed in India's Ministry of External Affairs transcript of a special press briefing on the summit dated September 12, 2026.

Indian Prime Minister Narendra Modi said at the summit that the BRICS group is "not against anyone." He said BRICS leaders should increasingly become "rule-shapers", not "rule-takers". U.S. President Donald Trump previously called BRICS proposals, including potentially linking central-bank digital currencies for cross-border trade, "anti-American".

Twice earlier this year, meetings between BRICS ministers failed to produce a joint statement. BRICS Ministers of Foreign Affairs/International Relations met on 14 and 15 May 2026. That session in New Delhi ended without agreement on a joint statement.

Fractures managed, not resolved

India and China engaged in a deadly clash along their disputed border in 2020. That history traveled with Xi and Modi into Delhi. So did the Iran-UAE strikes. The bloc now contains both the attacker and the attacked in an active regional war.

The broader context here is a consensus system under load. BRICS operates without weighted voting or enforcement. Joint text requires unanimity. Failure at ministerial level twice this year signaled veto risk. Success in Delhi depended on procedural discipline and deliberately unattributed language.

In my view, the Middle East formula is the core innovation to watch. Restraint plus protection of civilians and trade gives Tehran and Abu Dhabi a shared off-ramp. Condemnation of strikes on civilian infrastructure and peaceful nuclear facilities acknowledges Iranian losses without endorsing Iranian retaliation against Gulf targets. It also avoids a ceasefire demand that would have forced members to define aggressor, timeline and verification.

Looking at what this means for economic statecraft, the tariff and sanctions paragraphs follow the same method. Concern over indiscriminate tariff escalation speaks to export-dependent members without triggering a direct confrontation with Washington. Condemnation of unilateral sanctions preserves the bloc's long-standing jurisdictional objection to extraterritorial measures while withholding the U.S. name. That allows India, which negotiates bilaterally with Washington, to sign the same page as Iran and Russia, which are under U.S. sanctions regimes.

The Ukraine silence is continuity, not accident. Naming the war would have reopened the attribution dispute that deadlocked ministers. Delhi chose to bank a declaration rather than test cohesion. Xi's peacemaking pitch positions the bloc as a diplomatic venue for the Middle East, where interests overlap more than on European security.

For practitioners, the test is implementation. A declaration urging restraint does not create monitoring, deconfliction channels or settlement infrastructure. The reference to central-bank digital currency linkage remains a proposal characterized by Trump as anti-American, not a live clearing mechanism. The shift Modi described, from rule-takers to rule-shapers, will be measured in whether Delhi can convert chairship consensus into working-group mandates on payments, energy transit security and civilian protection that survive the next ministerial.