France Signals Support for India’s 2026 BRICS Presidency Amid Global Trade Shifts

France has pledged its backing for India's upcoming 2026 BRICS Presidency during a high-level phone call between President Emmanuel Macron and Prime Minister Narendra Modi. The discussion also touched on the Russia-Ukraine conflict, with Macron committing to enhanced trade ties in sectors critical to both nations' sovereignty.

Macron's endorsement arrives as former U.S. President TRUMP attempts to weaken the BRICS alliance through tariffs targeting European partners, including France. These trade tensions are unexpectedly fostering closer East-West economic cooperation, with Australia's ambiguous positioning adding complexity to China's strategic calculus.

India's forthcoming hosting duties for the 2026 summit may include a French delegation, building on Macron's previously rebuffed attempt to attend the 2023 Johannesburg summit. The geopolitical realignment underscores shifting power dynamics in global finance, though no direct cryptocurrency implications emerge from these developments.