AGP Executive Report
Last update: 7 hours agoBRICS Summit Diplomacy: BRICS leaders in New Delhi adopted the New Delhi Declaration, calling for “maximum restraint” in West Asia, urging de-escalation and dialogue, and backing a peaceful, rights-based solution for Palestinians while also warning against unilateral tariffs and non-tariff trade barriers. WTO Push: The bloc demanded the immediate restoration of a fully functioning two-tier WTO dispute settlement system and new Appellate Body members, linking trade predictability to trust in the rules-based system. Ethiopia in the Spotlight: Ethiopian PM Abiy Ahmed used the summit to pitch BRICS grain exchange as both a producer and consumer, highlighted food security progress, and stressed inclusive AI for Africa’s languages and knowledge. Ethiopia-UAE Talks: On BRICS sidelines, Abiy met Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan to deepen cooperation across high-impact partnerships. Regional Tensions: Eritrea accused Ethiopia of destabilising the Horn, adding to the Horn of Africa’s latest diplomatic strain. Trade Context: Egypt’s BRICS trade rose to $36.7bn in H1 2026, with imports surging faster than exports—showing how imbalances are shaping BRICS-era commerce.
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