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BRICS ‘not against anyone,’ Putin says as summit opens

The Russian president made the remarks as world leaders gather in New Delhi for the 18th BRICS Summit following a day of bilateral talks and a major business forum
Published 12 Sep, 2026 08:11 | Updated 12 Sep, 2026 08:51

BRICS is “not against anyone” but focused on the development and prosperity of its members, Russian President Vladimir Putin said, as world leaders gathered in New Delhi for the grouping’s 18th summit.

Putin made the remarks at the BRICS Business Forum on Friday, part of a packed program of bilateral talks and discussions on trade, investment, energy, and global challenges, before the leaders’ meeting formally opened on Saturday.

“BRICS’ work is not directed against anyone,” Putin said. “It is aimed at only one common goal: the sustainable development and prosperity of our countries and peoples.”

Putin said the group seeks to unlock its members’ potential through “business diplomacy,” making it easier for companies and entrepreneurs to cooperate and invest.

He contrasted this with what he called the West’s “ugly forms” of competition, including unilateral “illegal restrictions” and secondary sanctions against countries “unwilling to follow others’ interests.”

Despite the tensions, Putin stressed that Moscow does not intend to retreat behind political blocs: “We are open to working with the whole world.”

Friday saw Putin hold a flurry of meetings with New Development Bank President Dilma Rousseff, Malaysian Prime Minister Anwar Ibrahim, Egyptian President Abdel Fattah el-Sisi, and South African President Cyril Ramaphosa.

He also held talks with Indian Prime Minister Narendra Modi and discussed cooperation in trade, energy, defense, space, and other sectors.

Friday’s whirlwind of diplomacy and Indian pageantry set the stage for two days of leaders’ talks. What began as a four-country forum has grown into an 11-member economic heavyweight with increasing global clout as geopolitical tensions mount and the Western-led international order comes under growing pressure.

RT reporters are on the ground in New Delhi covering the 18th BRICS Summit, which runs through Sunday.

Follow the latest developments from New Delhi below.

  • 12 September 2026

    08:44 GMT

    One guest at the BRICS Summit appeared to be particularly thrilled to catch a glimpse of Vladimir Putin.

    A video from New Delhi posted online shows a woman filming the Russian president as he walks past at the ITC Maurya hotel – before turning the camera on herself and beaming with delight.

    Some reactions need no translation.

  • 08:34 GMT

    China wants relations with India approached from a “strategic height and long-term perspective,” the Chinese ambassador to India, Xu Feihong, said ahead of talks between Xi Jinping and Narendra Modi on the sidelines of the BRICS Summit.

    Xu called for greater communication and cooperation, proper handling of differences, and for the two countries to be “friends enjoying good-neighborliness and partners helping each other succeed.”

    The meeting will be the third between Xi and Modi in as many years, following talks in Kazan and Tianjin. 

  • 08:30 GMT

    Indian President Droupadi Murmu has met with her Iranian counterpart, Masoud Pezeshkian, at Rashtrapati Bhavan in New Delhi on the sidelines of the BRICS Summit.

    The meeting follows Pezeshkian’s talks with Modi on Friday, when the two discussed bilateral ties and the situation in West Asia. Modi called for dialogue and diplomacy, as well as safeguarding freedom of navigation and commerce.

  • 08:20 GMT

    Countries are increasingly seeking greater “financial sovereignty” as they move to reduce their dependence on centralized global payment infrastructure, BRICS Pay chief Andrey Mikhailishin told RT.

    Mikhailishin said reliance on systems such as Visa and Mastercard leaves countries vulnerable to being cut off “by only one decision.” 

    Russia faced this in 2022 following the escalation of the Ukraine conflict, when the two Western payment giants suspended operations in the country, leaving Russian-issued cards unusable abroad and for purchases from foreign online stores. Domestic transactions continued through Russia’s own National Payment Card System. Mikhailishin said BRICS Pay aims to connect national payment networks across borders rather than replacing them.

  • 08:18 GMT

    BRICS members agree on strengthening national currencies and expanding their use in mutual trade, but remain divided over a single currency, Iranian Foreign Minister Abbas Araghchi said on the sidelines of the summit in New Delhi.

    “There are different opinions” within BRICS, Araghchi told reporters. “All members of the group believe that national currencies should be strengthened and trade between member states should be conducted in national currencies.”

    A common BRICS currency, however, “is still under consideration,” he added.

  • 07:53 GMT

    Modi also welcomed Abu Dhabi Crown Prince Khaled bin Mohamed bin Zayed Al Nahyan for talks on the sidelines of the gathering.

    The two discussed strengthening the India-UAE strategic partnership, including cooperation in trade, investment, technology, energy, and defense, as well as regional and global developments.

    Khaled is leading the UAE delegation at the summit on behalf of President Sheikh Mohamed bin Zayed Al Nahyan. The UAE joined BRICS as a full member in 2024.

  • 07:52 GMT

    Modi has met with Ethiopia’s Abiy on the sidelines of the summit as well, hailing his first visit to India as taking an “old friendship into new frontiers.”

    In a post on X, Modi said the talks covered defense, investment, critical minerals, clean energy, healthcare, and capacity building, with the two sides pledging to work on strengthening India-Africa ties and “amplify the voice of the Global South.”

  • 07:42 GMT

    Iranian President Masoud Pezeshkian has held separate meetings with Ethiopian Prime Minister Abiy Ahmed Ali and Malaysian Prime Minister Anwar Ibrahim on the sidelines of the BRICS Summit in New Delhi.

    Pezeshkian arrived in New Delhi on Friday and met with the host, Prime Minister Narendra Modi, hours later, ahead of Saturday’s main summit program.

  • 07:20 GMT

    Western efforts to isolate Russia have instead accelerated the shift of economic power toward BRICS and undermined the dollar’s global position, American journalist Tucker Carlson says.

    Carlson told Afshin Rattansi’s Going Underground that cutting off Russia from the SWIFT financial system after the escalation of the Ukraine conflict gave other countries a powerful incentive to reduce reliance on the dollar.

    “If we’re using the US dollar as a weapon of war, there’s no greater incentive for countries to de-dollarize,” he said. “That’s crazy. It’s self-destructive behavior.”

    Carlson also argued that US, British, and German policies ultimately weakened the countries pursuing them. “This is self-harm we’re watching,” he said, adding that the effect has been “to dethrone the West” and “topple the American empire.”

  • 07:11 GMT

    This year’s gathering has particular significance – 20 years ago, in September 2006, the foreign ministers of Brazil, Russia, India, and China met for the first time on the sidelines of the UN General Assembly in New York. Known at the time as ‘BRIC’, the fledgling group was widely seen as a political experiment with an uncertain future.

    Two decades later, it has expanded into an economic heavyweight with growing global influence. RT looks at how BRICS went from a four-country forum to a major force challenging the old global order.

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