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

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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

    09:05 GMT

    BRICS members have reached a consensus on a joint statement following negotiations which went on until 4:00 AM, sources say. The document is expected to be issued later on Saturday.

    India led consultations to bridge differences on several contentious issues, including amid divergent positions among Iran, Saudi Arabia and the UAE, and heightened tensions in West Asia, the sources said.

  • 08:59 GMT

    Modi also met with his Malaysian counterpart, Anwar Ibrahim, hailing the “new momentum” in the two countries’ strategic partnership.

    Modi said cooperation is expanding into semiconductors, critical minerals, clean energy, and infrastructure, alongside growing defense ties and investment.

    “Maritime neighbors, close partners and a friendship powered by our people,” Modi wrote on X.

    Maritime neighbours, close partners and a friendship powered by our people.

    Delighted to meet PM Anwar Ibrahim.

    India-Malaysia ties are moving into ambitious new areas like semiconductors, critical minerals, clean energy, infrastructure and talent mobility.

    Our growing… pic.twitter.com/WGqnpGy3vc

    — Narendra Modi (@narendramodi) September 12, 2026
  • 08:48 GMT

    Modi has met with his Vietnamese counterpart, Le Minh Hung, on the sidelines of the BRICS Summit in New Delhi.

    It is Le’s first BRICS Summit since taking office in April and Vietnam’s second as a partner country. The two sides have been expanding ties in trade, defense, technology, and critical minerals, with bilateral trade targeted at $25 billion by 2030.

  • 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.

    ICYMI BRICS: The Putin Effect the West Can’t Fathom

    A lady cannot hide her joy after seeing the Russian President walk past her at the ITC Maurya hotel.

    📹: BHARATRUSSIA/IG pic.twitter.com/BWfFg1p2zJ

    — RT_India (@RT_India_news) September 12, 2026
  • 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. 

    China and India are arranging for the bilateral meeting between President Xi and Prime Minister Modi.

    This will be the third year in a row for the two leaders to meet with each other, following their meetings in Kazan and Tianjin.

    China will work with India to act on the… pic.twitter.com/jD3GeZpjZk

    — Xu Feihong (@China_Amb_India) September 11, 2026
  • 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.

    Araghchi: BRICS Is Moving Away From The Dollar, But Not To One Currency... Yet

    Iran's foreign minister says BRICS members agree on strengthening national currencies for trade, while a single currency is "still under consideration."

    📹 ANI pic.twitter.com/FAOh9O4iN3

    — RT_India (@RT_India_news) September 12, 2026
  • 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.”

    India and Ethiopia are taking an old friendship into new frontiers!

    Delighted to welcome PM Dr. Abiy Ahmed Ali on his first visit to India.

    Today’s talks covered:

    Defence.

    Capacity building.

    Investment linkages.

    Critical minerals.

    Clean energy.

    Healthcare.… pic.twitter.com/V7i1hqAqIu

    — Narendra Modi (@narendramodi) September 12, 2026

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