Jakarta, Sept. 17 -- BRICS has expanded its agenda for trade facilitation and economic integration. The next test is whether those commitments can make cross-border transactions faster, cheaper, and more predictable for businesses.

At the 18th BRICS Summit in New Delhi on Sept. 12-13, leaders adopted the New Delhi Declaration, which included commitments on trade facilitation, customs cooperation, supply chains, digitalization, cross-border payments, and logistics.

The declaration also supported voluntary implementation of the BRICS Authorized Economic Operators Action Plan 2026.

These measures address different stages of the same process. A company exporting goods must exchange data and documents, clear customs, make payments, arrange ...