Putin said growing participation in BRICS meetings demonstrated increasing international interest in the grouping and its emphasis on independent decision-making, collective problem-solving, international law and the principles of the UN Charter.
Pezeshkian also urged BRICS to take a stronger position on conflicts in Gaza and Lebanon.
The summit was chaired by Prime Minister Narendra Modi and attended by leaders and representatives from BRICS member and partner countries, along with UN Secretary-General Antnio Guterres.
A more efficient payment system using individual national currencies could further reduce friction for exporters by making cross-border settlements faster and more predictable.
India is building rice buffers, markets are adjusting to rising risks, and GIFT City is creating another channel for global capital.
Shah says India has the industrial base, skilled workforce and capital to become a global leader in lab-grown diamonds.
Saudi Arabia has been using the East-West pipeline to reroute around 4 million barrels of oil per day to the port of Yanbu on the Red Sea. That volume is equivalent to around 4% of global oil supply.
At its core, the declaration seeks to reshape how emerging and developing economies participate in the institutions that govern the global economy.
New Delhi Declaration calls for deeper cooperation on green infrastructure, sustainable aviation fuels and transport decarbonisation.
Trump and Irish Prime Minister Michel Martin both sought to tout their countries' economic ties, with the taoiseach calling the relationship "very strong."
Trump was asked Saturday whether he intended to have the US leave the US-Mexico-Canada Trade Agreement during a meeting with Irish Prime Minister Michel Martin in Dublin.
BRICS seeks to cut trade costs and deepen intra-bloc commerce by expanding local-currency settlements and interoperable cross-border payment systems.
