Why did mainstream analysts predict the collapse of this alliance? Discover why BRICS, the coalition reshaping the Global South, Dedollarization, and the Multipolar World Order, is succeeding against all odds.
In this exclusive conversation on Think BRICS, we sit down with Dr Suvrokamal Dutta to break down the profound geopolitical transformation currently underway. The recent BRICS summit and the adoption of the New Delhi Declaration have marked a historic milestone in contemporary foreign policy and international diplomacy. Despite sharp internal rivalries, historic border disputes, and differing governance models, member states achieved unprecedented consensus.
Dr Suvrokamal Dutta provides an in-depth analysis of how Indian diplomacy has championed the strategic interests of emerging economies across Asia, Africa, and Latin America.
A central pillar of this discussion explores dedollarization and de-dollarization mechanisms. Rather than relying on an immediate, unified single currency, member nations are actively accelerating bilateral trade settled directly in local currency trade networks. By linking digital payment rails, central bank digital currencies, and sovereign financial systems, emerging markets are systematically reducing their dependence on the US dollar, Western financial clearinghouses, and unilateral economic sanctions.
This conversation explains how Western tariff pressures and trade barriers are inadvertently accelerating a historic global power shift toward a truly multipolar world and reshaping the world economy.
To ensure viewer expectations remain clear, please note that while this video focuses extensively on the BRICS New Delhi Declaration, Indian diplomacy, and high-level geopolitics, it does not provide:
• Speculative financial forecasts or personal investment advice regarding foreign exchange markets or sovereign bond yields.
• A tactical, day-to-day military operational analysis of ongoing armed regional conflicts.
• Coverage of internal municipal or provincial domestic election campaigns within individual member states.
• A technical breakdown of private commercial corporate trade contracts or individual retail banking protocols outside state-level local currency trade frameworks.
#BRICS #bricssummit #Dedollarization #Geopolitics #MultipolarWorld
00:00 – Inside Think BRICS: Dr Suvrokamal Dutta on the BRICS Summit 2026
01:30 – Why the West Fears the BRICS Alliance & Global South Rise
04:40 – Vladimir Putin & Xi Jinping: Historic Delegations at New Delhi Summit
06:18 – Narendra Modi Champions the Global South & New Delhi Declaration
09:42 – Local Currency Trade: How Dedollarization Challenges the US Dollar
13:20 – India BRICS Digital Payment Network & Bilateral Trade Settlements
15:38 – Global Security Diplomacy: Condemning Cross-Border Terrorism
18:10 – Trump Tariffs vs Emerging Economies: World Economy in Conflict
21:56 – Multipolar World Geopolitics: Overcoming Internal Bloc
In this exclusive conversation on Think BRICS, we sit down with Dr Suvrokamal Dutta to break down the profound geopolitical transformation currently underway. The recent BRICS summit and the adoption of the New Delhi Declaration have marked a historic milestone in contemporary foreign policy and international diplomacy. Despite sharp internal rivalries, historic border disputes, and differing governance models, member states achieved unprecedented consensus.
Dr Suvrokamal Dutta provides an in-depth analysis of how Indian diplomacy has championed the strategic interests of emerging economies across Asia, Africa, and Latin America.
A central pillar of this discussion explores dedollarization and de-dollarization mechanisms. Rather than relying on an immediate, unified single currency, member nations are actively accelerating bilateral trade settled directly in local currency trade networks. By linking digital payment rails, central bank digital currencies, and sovereign financial systems, emerging markets are systematically reducing their dependence on the US dollar, Western financial clearinghouses, and unilateral economic sanctions.
This conversation explains how Western tariff pressures and trade barriers are inadvertently accelerating a historic global power shift toward a truly multipolar world and reshaping the world economy.
To ensure viewer expectations remain clear, please note that while this video focuses extensively on the BRICS New Delhi Declaration, Indian diplomacy, and high-level geopolitics, it does not provide:
• Speculative financial forecasts or personal investment advice regarding foreign exchange markets or sovereign bond yields.
• A tactical, day-to-day military operational analysis of ongoing armed regional conflicts.
• Coverage of internal municipal or provincial domestic election campaigns within individual member states.
• A technical breakdown of private commercial corporate trade contracts or individual retail banking protocols outside state-level local currency trade frameworks.
#BRICS #bricssummit #Dedollarization #Geopolitics #MultipolarWorld
00:00 – Inside Think BRICS: Dr Suvrokamal Dutta on the BRICS Summit 2026
01:30 – Why the West Fears the BRICS Alliance & Global South Rise
04:40 – Vladimir Putin & Xi Jinping: Historic Delegations at New Delhi Summit
06:18 – Narendra Modi Champions the Global South & New Delhi Declaration
09:42 – Local Currency Trade: How Dedollarization Challenges the US Dollar
13:20 – India BRICS Digital Payment Network & Bilateral Trade Settlements
15:38 – Global Security Diplomacy: Condemning Cross-Border Terrorism
18:10 – Trump Tariffs vs Emerging Economies: World Economy in Conflict
21:56 – Multipolar World Geopolitics: Overcoming Internal Bloc
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NewsTranscript
00:00Today our guest, prominent analyst, prominent Indian analyst, Dr. Sovra Kamal Dutta.
00:07Several months ago we had an opportunity to interview him online, but today we are happy
00:13to see you in person in the very heart of New Delhi.
00:18It's my pleasure to meet both of you in the heart of New Delhi, and I hope you all had
00:24a lovely and wonderful stay here during the BRICS Summit, and I guess it was very hectic
00:32for you all.
00:34So straight to the point, the BRICS Summit is over.
00:40Based on your expert assessment of the proceedings, how satisfied are you personally with the
00:48overall diplomatic execution and tangible outcomes of the BRICS Summit in New Delhi?
00:52Well, I think the success story of BRICS Summit has been fantastic and it has been really
01:01very high and it was absolutely to the point and all the issues were addressed.
01:08And the best part of the thing was like with so many countries coming, you know, and participating
01:14and the resolution itself with complete consensus without any ifs and buts and without any hiccups,
01:25that itself speaks about the success story of the BRICS Summit.
01:30And flutters and ruffles have been created in the Western world and people in the West are
01:37so jittery and they are so perturbed about the success of BRICS, you know, that itself speaks
01:43in the real story and how big how big BRICS is and what is BRICS all about, you know, when
01:53President Trump of United States of America, when he keeps on saying that BRICS is irrelevant
01:59and tries to wash away, you know, and do a wash out of it.
02:03If he thinks that BRICS is irrelevant and it is nothing but just a cosmetic exercise, then
02:10why are you talking about it?
02:12You know, the fact that you are talking about it itself shows as to how vulnerable and how
02:18jittery you are.
02:19And if you look into the editorials which have come out in the Western press and also the
02:26live and the assessment in Western press, especially like, you know, networks like BBC World, then
02:34CNN International and other Western media outlets, you know, New York Times, Washington
02:40Post, London Herald and all this, you know, the kind of venom which they tried to take out,
02:47you know, in a very sophisticated kind of a way with a lot of sugarcoating that itself
02:53shows as to how vulnerable they are.
02:56And they have realized that, yes, the Global South is a phenomenon now.
03:02It cannot be washed away.
03:04And it is a very important entity.
03:08And it is actually speaking for two third or, you know, three fourth of the world community
03:16and the world population.
03:18So that itself is a huge percentage.
03:21And it's a huge number.
03:23In terms of the territorial expense also, it is three fourth of the global, of the earth,
03:31of the landmass of the earth.
03:32And in terms of population, in terms of human resources, in terms of other natural and other
03:39important economic resources, that way also it is three fourth of the global world.
03:45So that itself shows as to how important BRICS is and what is the essence and the meaning
03:51of BRICS.
03:52How many delegations were invited and if there was someone who refused to come?
03:58I don't think so anyone had refused to come and the delegation itself was so huge that we
04:07were on our toes, you know, running around from pillar to post and to ensure that everything
04:14is done in the most beneficial way and with a super global standard.
04:21And I think everything was taken care of right from the full stop to the comma, to the apostrophe,
04:28you know, and our prime minister is so well equipped in all this.
04:33He ensures that even the dots are also taken care of.
04:37And it was taken care of in such a wonderful way.
04:40Your country had a huge delegation, you know, like, I mean, it was three century.
04:46Actually, it was three hundred in number, the delegation, which had come with his excellency,
04:52the honorable president of Russia, Vladimir Putin.
04:55And China was one step ahead.
04:58It was with double century.
05:00It was with four hundred.
05:02His excellency, the honorable president of China, Jingping ji had come with a delegation
05:07of four hundred people that itself speaks in volumes, you know.
05:12And if we have to look into the delegation from South Africa, from the BIMSTAC countries,
05:18then from Malaysia, then from Indonesia, as well as from the Latin American countries,
05:24from West Asia, Central Asia, Africa.
05:29I think it was such a huge delegation.
05:32Perhaps this huge number of delegates, even United States in its history, must have never hosted.
05:40Forget about Europe, you know, for countries like UK and other European countries.
05:47It is unimaginable for them to host in this level of delegation and such high delegation.
05:54And I think as a host country, hospitality from our side was absolutely of the highest standard.
06:03And everyone from all delegates from all over the world who had come over, from different countries,
06:11they were all praised for the hospitality provided by Bharat.
06:18Let's talk a little bit about final declaration.
06:20Looking at the summit's final declaration with specific clause or strategic directive,
06:27do you believe most strongly reinforces India's position as a leading voice for the Global South?
06:33Yes, of course, my country Bharat is the leader of the Global South now.
06:40And all the smaller countries and bigger countries of Global South,
06:44they are looking towards the Honorable Prime Minister Narendra Modi ji,
06:49to be the global voice for the Global South in all international arena and in all international associations,
06:57whether it's in the United Nations, whether it's in G77, whether it's in G21, it's no longer G20,
07:06because African Union is a part of G20 now, 51 countries of African Union.
07:13So it's G21, or for that matter, even in G7, you know, so our Honorable Prime Minister has advocated
07:21so strongly the voice of the Global South, the issues of the Global South, you know,
07:27issues concerning food security, issues concerning poverty alleviation, issues concerning environmental degradation,
07:37issues concerning, you know, like the carbon emission and all this, you know,
07:43the Honorable Prime Minister of my country, Modi ji, has raised up all these issues
07:49in the most vociferous way in all international platforms.
07:54I'm reminded of the G20 summit in New Delhi, when the G20 summit had taken place in New Delhi,
08:03all the Western countries were hell-bent upon in not including Africa in it, you know,
08:10and they were hell-bent upon in bringing in the resolution of Ukraine and Russia
08:16in the in the final declaration of G20.
08:20It was only around 4 a.m. in the morning, when our Honorable Prime Minister said that
08:27enough of sugar-coated diplomacy, now I have to put my foot down.
08:32And when the moment he did, and he said that New Delhi is hosting the G20,
08:38and therefore the Global South has to be represented in G20,
08:42and African Union has to be included, you know.
08:46So it was only because of the perseverance of the Honorable Prime Minister Modi ji,
08:52that finally Western countries, very reluctantly, almost crying foul,
08:59they had to include African Union.
09:02And today, even though they say it is G20, but in reality is G21, you know.
09:08So that itself speaks in volumes about the dynamic leadership of India, of Bharat,
09:15for advocating the cause of the Global South.
09:18And that's the reason the countries of the Global South,
09:22who all were invited,
09:24all the Prime Minister and the President of different countries of Global South,
09:29they immediately accepted the invitation.
09:32And it was so honorable on their part to come over and to be a part and parcel of the
09:39New Delhi BRICS summit.
09:41The final declaration addresses cross-border trade and the financial cooperation.
09:47How effective do you consider the proposed frameworks for local currency settlements
09:53in challenging the current dynamics of the Western-led financial system?
09:59Well, the West was very scared and United States of America was very scared
10:04that BRICS would be coming up with a resolution on de-dollarization.
10:09And perhaps BRICS would come up with a common currency.
10:13And that would have been a nightmare for sterling pound, as well as for euro, as well as for dollar.
10:20You know, and of course, Russia has its own views on de-dollarization.
10:25China has its own views on de-dollarization.
10:28And I think both Russia and China wanted that the issue of de-dollarization should be discussed.
10:36But our Prime Minister played it very smartly.
10:40What he did was like, as far as I understand,
10:43like our Honorable Prime Minister said that instead of, you know,
10:48opening up this sword and taking the West directly head-on,
10:52why not play a proper game, the game which they understand so well, the West.
10:57And then our Honorable Prime Minister advocated for trade and investment in local currency.
11:05So within the BRICS block, he has strongly advocated this.
11:10So within the BRICS block and the invited people of the different countries who were invitees in the BRICS block,
11:19they all have been requested to trade in local currency.
11:24You know, something like rupee ruble, rupee yen, you know, or for that matter, rupee real or rupee piso.
11:31So that way also indirectly it is de-dollarization only, you know,
11:37because when you are trading in your local currency and you are investing in your local currency,
11:43then it means that dollar is not welcome, you know,
11:46and it is something like doing namaskar to dollar and to pound, you know.
11:52So in an indirect way it means the same thing.
11:56So imagine the BRICS country from tomorrow if all the BRICS countries and the countries which were invited,
12:04like countries of BIMS tech,
12:06then very many African countries who are not member of BRICS or Latin American countries who are not member of
12:13BRICS
12:13or South American countries who are not member of BRICS, you know,
12:17if they start trading and if they start investment in local currencies with Bharat,
12:24with China, with Russia and other countries,
12:28then that is in a way de-dollarization only.
12:31It is in a way of breaking the global hegemony of dollar, sterling pound and euro, you know.
12:38So it is in an indirect way the same thing.
12:41So I think the process has already started.
12:45And as I said in the last interview also when you had done it with me from Moscow,
12:51that ultimate goal would definitely be BRICS common currency.
12:56And I think we are step by step moving towards that.
13:00And I guess within another 15-20 years,
13:03as I had mentioned last time also in the previous interview,
13:07in 15-20 years, probably we will finally see a common BRICS currency.
13:13But trading in local currency itself sets in the agenda towards that.
13:19In 2025, Indonesia joined BRICS as a core member
13:23and recently, correct me if I'm wrong,
13:27India and Indonesia have concluded an agreement of local currency.
13:33Yes, it has.
13:35Yes, it has.
13:36And we are also now trading not only with Indonesia in local currency,
13:41but also with Singapore and Philippines in local currency.
13:46And our rupee system and the digital currency of ours
13:55that is being accepted in Singapore, in Philippines and in Indonesia.
14:00So now people can actually pay through UPI and also through rupee.
14:07You know, so that way things are moving ahead.
14:10And I think very soon there would be more such bilateral agreements
14:15between different countries.
14:17And I think we are heading towards that direction.
14:19Countries are willingly doing this initiative to trade in local currency.
14:25Yes, in local currency and also in the Indian digital payment system,
14:30you know, because the Indian digital payment system
14:33is the most successful one now across the globe, you know.
14:36where the digital payment of all countries to be taken together
14:41is less than the digital payment of India, you know.
14:46The initiative of the Indian Central Bank is the beginning of the current year
14:50was to unite all the CBDCs of BRICS nations in one system.
14:55Yes, yes, you know.
14:56And the digital payment which is done within India, you know, the population,
15:01that population is much higher than the digital payment
15:06is done by all countries across the globe.
15:09So if you put all the countries on one basket, you know, and if you look into that percentage
15:14and if you put Bharat in one basket, and if you look into the digital payment of India,
15:19the percentage of the digital payment of India is two and a half times more
15:24than the rest of the world.
15:25You know, so that itself speaks the success of the digital mode.
15:30And I think countries across the globe are accepting the Indian success story of the digital payment system.
15:38No, I would like to touch a very sensitive topic about terrorism.
15:43The declaration includes language on global security and counter-terrorism.
15:48How adequately does this negotiated text addresses India's long-standing concerns regarding cross-border terrorism
15:58and state-sponsored extremism?
16:01Well, see, I think both the things have been addressed in a very nice way, you know, like, first and
16:10foremost,
16:11let me take up the issue of Pahalgam, you know, the horrible killings which had taken place in Pahalgam.
16:18And we all know that it was all done by Pakistan and by terrorist groups operating from Pakistan, you know.
16:24So, the first time in the resolution of the BRICS, you know, this has been condemned in strongest possible terms.
16:32And not only that, the BRICS resolution also says that those countries and those institutions and agencies
16:40which advocates terrorism, they also need to be exposed and they need to be booked.
16:46And institutions and agencies who finance terrorism across the globe, they need to be taken into task.
16:55And, you know, the global world should ban all these kind of agencies and institutions which are financing terrorism across
17:03the globe.
17:04So, I think in a way, because of this, I think the entry of Pakistan into BRICS as a member
17:11state is closed once for all.
17:15And the fact that Pahalgam terror attack has been condemned in strongest possible terms,
17:22that has exposed Pakistan and the terrorist organizations operating from Pakistan across the globe and also within the BRICS nation.
17:32You know, so that is a very big historic moment for us.
17:38And it has actually accepted what India has been saying,
17:43what my country Bharat has been saying for so long, for the last 50 years,
17:48that terrorism has no religion, it has no boundaries,
17:52and it is something which is a manance for the global world, you know,
17:57and it needs to be handled and tackled collectively, and it needs to be wiped out collectively.
18:03So, our argument in the global forum has been accepted, and we are very happy about it.
18:10I would also like to touch on one another important issue that is on the issue of tariff,
18:16you know, like the tariff which is being imposed by the weems,
18:20according to the weems and fences of President Donald Trump across the globe.
18:25You know, the fact that our Prime Minister said it very clearly,
18:28and it has been accepted in the BRICS resolution also,
18:31that no country can impose tariff on another,
18:36violating the laws of WTO and violating the laws of all international legal jurisprudence
18:43and all international legal system and legal clauses, you know.
18:50So, that itself is an indirect kind of a warning,
18:54and it is an indirect message to United States of America
18:58that enough of your global bullying and enough of you behaving like a global rogue,
19:06you know, this is something which is not acceptable to other countries.
19:10You cannot impose tariff on other countries as far your weems and fences,
19:15and if you try to do that, there would be a counter-retaliation.
19:19And if tomorrow the BRICS nation comes up for a counter-retaliation,
19:24I think it would be the crumbling of the American economy and the European economy, you know.
19:30So, I think a good sense would prevail on President Trump and his administration,
19:36and I think he would stop with this weems and fences
19:39and this daydreaming of imposing tariff on other countries,
19:43because if other countries come together,
19:46then it is going to be a nightmare for U.S.,
19:49and I think the European countries and the European Union and the NATO
19:54is also facing a lot of problems because of U.S. tariff.
19:58So is Canada, and I think the global order is actually coming together
20:02in order to fight it out with U.S.
20:06and the, you know, the hegemonistic bullying design of the U.S.
20:10for imposing tariff on other countries
20:13as far the weems and fancies of White House.
20:16Those days are gone now,
20:17and I think it is an eye-opener for His Excellency,
20:22the President of the United States of America,
20:25and also for White House,
20:26that enough of nuisance has been done,
20:29enough is enough.
20:30Now it is time to, you know,
20:34readjust to their reality,
20:35and it's time to come and accept the reality of the world,
20:43and if they don't do it,
20:45and if they continue with their game of tariff,
20:47then I think the BRICS and the other nations will retaliate,
20:51and the day they retaliate,
20:53it is going to be a disaster for President Trump,
20:56and I would also say to President Trump
20:58that you had imposed tariff on us
21:01and see our GDP growth rate.
21:04We are 7.8, highest in the whole world.
21:07So I would say that it is a boon in disguise for us.
21:11Please, President Trump, impose more tariff
21:14so that tomorrow we cross the double-digit number
21:18and we attain a growth rate of above 10%.
21:21You should realize that 1.4 billion population
21:26of a nation you cannot control,
21:29and the market of the 1.4 billion population
21:34is at least 20 times more
21:37than the market of the whole of Europe
21:40and United States of America.
21:43So if you are trying to play a game with this market,
21:46with this huge market,
21:48it is going to be suicidal for you
21:50and it is going to be a blessing for us
21:54from the Almighty.
21:55You know, in my opinion,
21:57they are not taking into consideration BRICS
22:03because they are sure that BRICS countries
22:05are too diverse.
22:07They cannot come to a common conclusion.
22:10So that's why it's not real force.
22:13If we look at foreign ministers' meeting
22:18that was in New Delhi in the mid of May,
22:23you know that, well,
22:24that they did not come to the final resolution.
22:30This time, BRICS' declaration
22:33was consensually signed by all members
22:39despite tensions between several nations
22:44that we have seen.
22:46The city was sitting one in front of other,
22:49Iran and the UAE,
22:52Egypt and Ethiopia,
22:54China and India,
22:57shaking hands continuously.
22:59But what does this consensus reveal
23:04about the international conflict resolution mechanisms
23:07within BRICS?
23:08I think it is something in the right direction.
23:12Yes, it is very true that every entity
23:16and every association has its own complex
23:19internal politics and internal dynamics.
23:23European Union has its own complexities, right?
23:26Italy has problem with Greece.
23:29Greece has problem with Austria.
23:32Austria has problems with Belgium.
23:35France has problems with Germany.
23:37Germany and Spain has problems with UK.
23:40You know, in the same way,
23:41in New World also,
23:44US has problems with Canada.
23:46Canada has problems with US.
23:48Mexico has problems with USA.
23:50So problems are there everywhere.
23:53So, like the way they have problems,
23:56BRICS nation also have their own problems.
23:58They have their own internal dynamics.
24:01But then the fact that when the West Asia is at war,
24:06you know, Iran is on one side
24:08and Saudi Arabia, UAE on the other side,
24:11Egypt on the other side,
24:13they are allies of United States of America
24:16and Iran is fighting it out
24:18with the allies of the Western countries and US
24:21to bring them under a common banner in New Delhi.
24:28And that also the heads of state
24:29of all these countries, you know.
24:31The crown prince of UAE was here.
24:34The crown prince of Saudi Arabia was here.
24:37Then the president of Iran was here.
24:41The president of Egypt was here, you know.
24:43So bringing all these excellences
24:47within a common banner
24:49and make them in a round table
24:53and then make them do a photo shoot,
24:56you know, with Honorable Prime Minister Modi Ji
24:59in the middle and all of them with him,
25:03you know, that itself was a remarkable job
25:06and it was not easy.
25:07It was something which was next to impossible.
25:11I would like to ask in President Trump
25:14or the prime minister of UK,
25:16will they be capable enough to do this?
25:20Can President Trump bring in
25:22the president of Iran into US
25:24together with the crown prince of UAE
25:27and the crown prince of Saudi Arabia
25:30and the president of Egypt
25:32and the president of Russia
25:33and the president of China
25:35and do a photo shoot?
25:37It will be impossible for him
25:39and it will be, even if he tries,
25:40it will be a zero.
25:42He tried it with his excellency,
25:44the president of Ukraine Zelensky
25:46and also with his excellency,
25:49the president of Russia,
25:51President Putin and in Alaska.
25:53And what was the net result of that?
25:55There was no consensus.
25:57There was no resolution.
25:58The only thing which President Trump
26:01could say at the end of the day
26:03in the press briefing was he appreciated
26:06the court of President Zelensky
26:10saying that last time you had come
26:12in a rag and in a T-shirt
26:15and this time at least you were
26:17decently suited and booted.
26:19That was the outcome of his meeting.
26:23So for Honorable Prime Minister Modiji
26:28to do this itself was a task
26:31which was next to impossible.
26:33But because he's the most popular leader
26:36of the whole world now
26:37and he is a global leader,
26:40that's the reason all the excellencies
26:42of all these countries,
26:44they all came.
26:45They also had bilateral
26:46and they also had a photo shoot
26:49and a round table
26:50and they also had dinner together.
26:53So that was one.
26:55The second thing is like
26:56this also shows a direction
26:58towards the complexities
26:59because the fact that
27:01they all could come here
27:02and sign in the resolution
27:04without any ifs and buts
27:06and it was a resolution
27:08which did not have any shaded lines in it.
27:14That itself speaks a lot
27:16about the direction
27:18which way BRICS is going
27:19and I think complexities will be there
27:22because it's a complex world
27:23but within that complexities
27:26the fact that this consensus could come
27:28that itself shows in that direction
27:31and I think BRICS
27:32after the New Delhi summit
27:34has emerged as a major challenge
27:38not only for the Western world
27:40but also for United Nations.
27:45India keeps its chairmanship
27:48until the end of 2026
27:50and from the 1st of January 2027
27:53China takes the chairmanship in BRICS.
27:59What are your expectations
28:01from Chinese presidency?
28:03Well, I think we have already shown
28:06the direction and the path
28:08in the New Delhi declaration
28:10what I would expect
28:12from the next summit in China
28:14is like His Excellency
28:16the President of China
28:18Sri Jinping
28:19I think he will carry this momentum forward
28:22and I might be
28:24I'm optimistic about it
28:26that in the next year's summit
28:28more important issues
28:30would be discussed
28:31and a consensus would be arrived at
28:34and perhaps
28:35we would actually
28:36be able to say
28:39with a proud way
28:41that the direction
28:42and the line was set
28:44in New Delhi
28:45and it has fruitified in Beijing
28:48and from Beijing
28:49whoever takes over in 2028
28:52I think then
28:54it BRICS would emerge
28:55as a new global order
28:57which is multilateral
28:59and not unilateral
29:01and I guess
29:02United States of America
29:04has always
29:05has already seen
29:07a challenge to its hegemony
29:09from the New Delhi declaration itself
29:11and I will not be surprised
29:13if His Excellency
29:15the Honorable President of US
29:17comes up with some new narrative
29:19based on his tantrums
29:22immediately after the midterm polls
29:24because his thing is shaking
29:27shaking
29:28shaking in the midterm polls
29:29and who knows
29:30he might even become
29:31a lame duck president
29:33after the outcome
29:34of the midterm polls in US
29:36and perhaps he will come up
29:38with a fresh volley of tantrums
29:40after the midterm polls
29:42I'm just waiting for
29:43a few more days
29:44to see that happen
29:47but BRICS countries
29:48should not look at
29:49what is happening
29:50in the United States
29:51because
29:51we are the half of the world
29:54population
29:56almost
29:58all natural resources
30:00rare earth
30:01gold
30:02silver
30:02everything
30:03we have in our country
30:05so
30:05who cares about the United States
30:07yes absolutely
30:08absolutely
30:09and as I said
30:10in my initial remarks itself
30:12that
30:12three-fourth of the
30:14natural resources
30:16and human resources
30:17of the world
30:18is with BRICS countries
30:19so sky is the limit for us
30:21and we should move ahead
30:23and we should jump ahead
30:24on this
30:25and
30:25might be
30:2719th century
30:28was the era of London
30:2920th century
30:31was the era of Washington
30:3321st century
30:34is the era of
30:36Indo-Pacific
30:37and the global south
30:38so in this
30:40era of the global south
30:42of 21st century
30:43we all should
30:44walk hand in hand
30:45and we should
30:46walk hand in hand
30:47as very close
30:49friends
30:49we will fight it out
30:51among ourselves
30:52you know
30:52and we will have issues
30:54even in families
30:55there are issues
30:56brothers and sisters
30:58and you know
30:59like a mother
31:00and son
31:00and sister
31:02and father
31:02do have issues
31:04and you know
31:05so in every family
31:06there are issues
31:07but that doesn't mean
31:08that a family
31:09gets fragmented
31:10BRICS is a family
31:12and it will not
31:13get fragmented
31:14we will have issues
31:16we will have good times
31:17also
31:18we will have
31:19good times
31:20to do parties
31:21together
31:22and enjoy together
31:23and at the same time
31:24we will also
31:25fight out on small issues
31:27we will resolve
31:28those issues
31:29and
31:29perhaps
31:30we will march ahead
31:32in that direction
31:33in a much better way
31:34we want to see
31:36a better world
31:37for tomorrow
31:38for 21st century
31:39based on the ancient notion
31:42of my ancient country
31:44Vasudei Kutumbakam
31:46which means
31:46universal brotherhood
31:48based on universal love
31:50and universal tranquility
31:52peace and prosperity
31:53and brotherhood
31:54that is the main aim
31:56and the mission of BRICS
31:58and that is how
31:59the global order
32:00should be
32:00so enough
32:01with the hegemony
32:02of London
32:03of 19th century
32:04enough with the hegemony
32:06of Washington
32:07of 20th century
32:09now
32:09if they say
32:11that it is a hegemony
32:12then yes
32:13it is a hegemony
32:15of the global
32:16south
32:16accept it
32:18whether you like it or not
32:20Dr. Dutta
32:21thank you very much
32:23for your insightful
32:24and passionate
32:26discussion
32:27our respect
32:28to your country
32:29to you
32:30thank you so much
32:31to your government
32:32for hospitality
32:33for organizing
32:34this
32:34beautiful event
32:36this fruitful event
32:38and see you
32:40on our channel
32:40yes
32:41I will soon
32:42do a podcast
32:43with you all
32:44once you are back
32:45to Moscow
32:45you know
32:46and you will remember
32:48New Delhi
32:49for the heat
32:49also
32:50you know
32:51see how I am sweating
32:52so I can imagine
32:54how much
32:54you must have sweated
32:56but then
32:57that is what
32:57the essence
32:59of Bharat
32:59is all
33:00about
33:00you
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