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BRICS flags unilateral tariffs, non-tariff measures as trade tensions reshape global economy

BRICS flags unilateral tariffs, non-tariff measures as trade tensions reshape global economy

BRICS on Saturday voiced serious concern over unilateral tariffs and non-tariff measures that it said distort trade and are inconsistent with World Trade Organization rules. The grouping's New Delhi Declaration also condemned unilateral coercive measures and backed efforts to find practical solutions for cross-border payments.

Business Today Desk
Business Today Desk
  • Updated Sep 12, 2026 11:01 PM IST
BRICS flags unilateral tariffs, non-tariff measures as trade tensions reshape global economyIndia, which holds the BRICS chairship, has been pushing members to strengthen trade cooperation, reduce barriers and expand business opportunities.

The BRICS grouping on Saturday voiced serious concern over the growing use of unilateral tariffs and non-tariff measures, saying such steps distort trade and are inconsistent with World Trade Organization rules. The position was part of the New Delhi Declaration adopted unanimously by the expanded bloc at the BRICS Summit in the Indian capital.

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The declaration places trade concerns prominently on BRICS' economic agenda as members seek greater cooperation and a stronger collective voice in shaping global economic rules. The bloc also condemned unilateral coercive measures that are contrary to international law.

PM Narendra Modi formally proposed the adoption of the declaration at the summit.

“The draft of the BRICS New Delhi Declaration 2026 is before us. It encapsulates the essence of our discussions and reflects our perspectives on key global and regional issues. It also outlines priorities for further strengthening BRICS cooperation. If no member has any objection, I propose that we adopt the declaration. No objections have been raised by any member. The New Delhi Declaration 2026 is adopted unanimously,” Modi said.

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BRICS raises concerns over trade barriers

The bloc's criticism of unilateral tariffs and non-tariff measures comes as trade restrictions have become an increasingly important issue for emerging economies. By specifically referring to measures that distort trade and conflict with WTO rules, BRICS has underlined its preference for a rules-based international trading system.

The declaration also condemned unilateral coercive measures that are contrary to international law, extending the bloc's concerns beyond conventional tariffs and trade barriers.

MUST READ: PM Modi, Xi Jinping stress on ‘strategic and long-term’ India-China ties at BRICS Summit

The grouping encouraged continued discussions aimed at finding practical solutions for cross-border payments among BRICS countries. The issue forms part of broader efforts to strengthen economic and financial cooperation among members and facilitate trade.

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India, which holds the BRICS chairship, has been pushing members to strengthen trade cooperation, reduce barriers and expand business opportunities. New Delhi has also sought to position the grouping as a stronger voice for developing economies in global economic governance.

India works to build consensus

The unanimous adoption followed sustained Indian consultations to bridge differences among members. An Indian source with direct knowledge of the development said negotiations involved several contentious issues and that reaching agreement amid ongoing conflicts and heightened tensions in the Gulf region was a particularly complex diplomatic challenge.

The consensus was significant after BRICS foreign ministers meeting in New Delhi in May failed to issue a joint statement because of differences between Iran and the United Arab Emirates.

The trade-related position therefore emerged against a backdrop of broader geopolitical tensions within and beyond the grouping. The declaration also expressed concern over growing risks of nuclear danger and conflict and stressed that nuclear safeguards, safety and security must always be upheld, including during armed conflicts.

MUST READ | Xi Jinping warns against war in Middle East, Gulf, urges BRICS to stand on ‘right side of history’

Modi calls for stronger Global South voice

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Opening the summit, Modi said BRICS had “come of age” and needed to translate its unity and consensus into concrete results on the global stage.

“While strengthening BRICS, we must also determine the direction of global reform,” Modi said. “The Global South is today in the front row when it comes to global crises, but in the back row when it comes to decision-making. We have to transform this pyramid and privilege into a platform of partnership — where every country has a voice, every member has a stake.”

Modi also reiterated India's demand for reform of the United Nations Security Council, including permanent representation for India and other emerging powers.

“The message of this BRICS Summit being held in India should be clear: If our future is shared, then the right to shape that future must also be shared,” Modi said.

The BRICS grouping comprises Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Indonesia, Iran and the United Arab Emirates.

MUST READ | BRICS Summit 2026: PM Modi thanks participants, says 20th anniversary marks 'new phase of maturity and responsibility'

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Business Today Desk
Business Today Desk

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Published on: Sep 12, 2026 11:01 PM IST