India, Oct. 26 -- In the two decades since its inception, BRICS has evolved into an influential anchor of the Global South and a driving force for reforming the multilateral architecture. Today, it accounts for approximately 49.5% of the world's population, nearly 40% of its GDP, and 26% of international trade. As India assumed the BRICS Chairship in 2026 under the theme "Building for Resilience, Innovation, Cooperation and Sustainability," it underlined the ethos of vasudhaiva kutumbakam (the world is one family), anchoring the multilateral agenda in a "humanity first" development framework. The growing engagement among BRICS countries has also strengthened its parliamentary dimension through the BRICS Parliamentary Forum (BRICS-PF).

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