BRICS nations adopted the New Delhi Declaration 2026, unanimously condemning unilateral tariffs and non-tariff measures that distort trade. The declaration supports WTO reform, restoration of the appellate body, and special treatment for developing countries. This is crucial for understanding global trade dynamics and India's stance on multilateralism.
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- ›Declaration: New Delhi Declaration 2026
- ›US Sanctions Count: 486 of 1,325 global sanctions since 1949
- ›Target this Data: WTO Appellate Body non-functional since December 2019
- ›Target this Nodal Body: World Trade Organisation (WTO)
- ›Target this Legal Point: Most-Favoured-Nation (MFN) principle under WTO
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