BRICS Adopts New Delhi Declaration, Stresses On Conflict Prevention Efforts, Voices Concerns On Unilateral Tariffs

(MENAFN- Live Mint) A diplomatic breakthrough for India saw BRICS members reach consensus on a joint declaration on Saturday, despite differences between Iran and the UAE over the ongoing conflict in West Asia. The agreement followed a series of behind-the-scenes negotiations aimed at resolving the disagreements.

It stressed on conflict prevention efforts and voiced concerns on unilateral tariffs.

Prime Minister Narendra Modi confirmed the adoption of the declaration after the first day of the two-day summit hosted by India.

Quick answers to key questions

.5 QUESTIONS1What is the significance of the New Delhi Declaration adopted by BRICS?⌵

The New Delhi Declaration signifies a diplomatic breakthrough, emphasizing conflict prevention efforts and addressing concerns over unilateral tariffs among BRICS nations.

2Why did BRICS members have to negotiate intensely before adopting the declaration?⌵

The intense negotiations were necessary to reconcile opposing positions, particularly between Iran and the UAE regarding conflicts in West Asia, as consensus is essential for BRICS decisions.

3How does BRICS plan to redefine its role in global governance?⌵

BRICS aims to transform from a passive receiver to an active force in global governance by collaborating to shape rules and policies that reflect the interests of the Global South.

4What proposals did PM Modi suggest for BRICS to address global governance reforms?⌵

PM Modi proposed a 10-point reform roadmap to better represent emerging economies, enhance accountability, and shift towards a more collaborative approach in global governance.

5Should BRICS continue to negotiate on contentious geopolitical issues like those between Iran and Saudi Arabia?⌵

Yes, continued negotiation is vital to ensure unity within BRICS and to address complex geopolitical dynamics that can affect collaborative efforts among member states.

Talks over the wording continued until the final stages after Iran and the UAE initially maintained opposing positions. Since BRICS decisions are taken by consensus, any one member has the ability to prevent the group from issuing a joint declaration.

(This is a developing story. More to come)

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