At the summit, all five nations articulated their priorities even as they pledged to work together in strengthening and reforming global governance, working in solidarity to combat Covid-19, safeguarding peace and security, promoting economic recovery, expediting implementation of the 2030 Agenda for Sustainable Development, deepening people-to-people exchanges, and promoting institutional development. Discussion points during the summit included critical issues such as counter-terrorism, trade, health, traditional medicine, environment, science, technology and innovation, agriculture, technical and vocational education and training, and also key issues in the global context, including the reform of the multilateral system, Covid-19 pandemic, and global economic recovery.

India’s announcement to hold a BRICS start-up event this year is in sync with its position as the third largest start-up ecosystem in the world and could position India to lead a global South innovation drive.

In particular, India’s participation saw it emphasising the need for strengthening the BRICS Identity system, creating an online database for BRICS documents, establishing a BRICS Railways Research Network, and strengthening cooperation between micro, small and medium enterprises. These steps are in the direction of improving seamlessness in connectivity and bringing about predictability in supply chains between member states. Furthermore, India’s announcement to hold a BRICS start-up event this year is in sync with its position as the third largest start-up ecosystem in the world and could position India to lead a global South innovation drive. Besides, India placed on the agenda the need for strengthening civil society organisations and think-tanks. India also highlighted the significance of building people-to-people connect within BRICS, especially when the group members represent four vast continents and channels of connectivity remain hampered by lingering post-pandemic disruptions. One of the ways in which the BRICS cooperation can go a long way in assisting the post-Covid global recovery is through the mutual recognition of pharma products — a functioning mechanism among the group’s members. Other important areas of cooperation that were discussed included post-Covid global recovery, advancing BRICS outreach and sustaining space collaboration. The recently formed joint commission on space cooperation for the BRICS nations served as a good precursor to the 14th summit for advancing remote sensing and data sharing mechanisms between member states. While discussions on a possible expansion of BRICS will continue, the promotion of BRICS Outreach and BRICS Plus Cooperation was in the spirit of extending cooperation to other emerging markets and developing countries.

The recently formed joint commission on space cooperation for the BRICS nations served as a good precursor to the 14th summit for advancing remote sensing and data sharing mechanisms between member states.

Despite these seeming convergences, friction points and challenges between BRICS members continue to fester, and this year’s summit was no exception. India rightly underscored the need for greater sensitivity among BRICS members to each other’s security concerns, particularly when it comes to issues like terrorism. The case in point was China’s recent blocking of a joint move by India and the US to list Pakistan-based Lashkar-e-Taiba leader Abdul Rehman Makki as a global terrorist.

Ukraine war & Sino-Indian tussle

For BRICS, challenges could augment in the post-Ukraine war phase, even as the prospects of a fractured global governance order both in the political and digital domains have increased. Within BRICS itself, the Russia-India, India-China and China-Russia represent nuanced bilateral priorities and challenges. As Russia will be compelled to rely on mechanisms outside those controlled and influenced by the West, pressure could mount on BRICS to rely on newer mechanisms for global governance and finance. The founding of the original BRIC grouping in 2009, in the backdrop of the global financial crisis and Russia’s war with Georgia in 2008, was to underscore both the strategic and economic necessities of a resilient global south cooperation mechanism that is shielded from the domino effect of Western geo-economic compulsions and decisions. While Russia’s ousting from the G-8 in 2014 proved mostly ineffective in rupturing Moscow’s economic linkages with other BRICS partners, the Western sanctions on Russia after its aggression against Ukraine are expected to pose more challenges in sustaining an uninterrupted flow of trade and commerce between member states.

BRICS provides one such platform but its ability to influence the trajectory of this bilateral relationship remains rather limited.

The setting provided by the G7 group’s meeting in Germany and its stipulated agenda of doubling down on sanctions on Russian energy and gold exports to the world will come with its own set of implications for some BRICS members, including India and China, which continue to import energy from Russia. Then there is the issue of China-India ties that show no signs of normalising. Beijing’s reluctance to appreciate the palpable shift in public mood in India after the Galwan crisis of 2020 has resulted in a stasis whereby the two major Asian powers are hardly interacting with each other. BRICS provides one such platform but its ability to influence the trajectory of this bilateral relationship remains rather limited. And in the absence of China-India normalisation, the future of BRICS too will remain in a state of suspended animation, declarations of intent notwithstanding. This year’s summit also made a valiant effort to project a sense of unity but the statements of individual leaders made it clear that the five nations have increasingly differing priorities. The ability of the BRICS platform to cater to these individual preferences is becoming weaker by the day.

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This commentary originally appeared in Business Standard.