In this week’s round-up:
- $1 trillion in institutional capital heads to BRICS
- India-Brazil trade reaches $15 billion
- BRICS judicial cooperation gets a major boost
- South Africa hosts BRICS Summer School
Over 500 institutional investors, pension funds to participate in iBRICS Summit
More than 500 institutional investors, pension funds, and family offices managing a total wealth of over USD 1 trillion will participate in the inaugural iBRICS Summit 2026 here next week, organisers said on Saturday.
The two-day summit, convened alongside the 18th BRICS Summit in the National Capital on September 12-13, is designed to connect sovereign capital with bankable infrastructure, energy, and digital capacity projects across the 21 BRICS member states and partner nations, the Sovereign Wealth Fund Institute (SWFI) said in a statement.
India-Brazil trade reaches $15 billion
Brazil Consul General Jose Mauro da Fonseca Costa Couto said bilateral trade between India and Brazil has grown tenfold in 20 years, from USD 1.5 billion in 2004 to over USD 15 billion. He was speaking at the Global Impact Forum in Mumbai, which he described as a warm-up to the BRICS Summit in Delhi on September 12-13. The forum, themed “Civilisational Legacy”, focuses on soft power and investment in India.
BRICS judicial cooperation gets a major boost
The Supreme Court of India hosts the BRICS Chief Justices’ Forum in New Delhi from September 4 to 6, bringing together chief justices, supreme court presidents, and senior judicial leaders from BRICS member states and partner nations. Chief Justice of India Surya Kant will lead the proceedings, engaging with top judicial figures from across the world on matters of global justice and dispute resolution.
South Africa hosts BRICS Summer School
South Africa has been hosting the fifth BRICS Summer School, bringing young leaders from BRICS and other Global South countries together in Pretoria.
The programme has focused on developing a shared understanding of the future of the Global South and creating networks among younger generations of BRICS participants.
