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CIO Bulletin,
15 September, 2026
Author:
Sambhrant Das
Saudi Arabia engages actively in summits while holding back on formal alignment to preserve diplomatic flexibility and strategic security partnerships
Riyadh is continuing to chart its course in global relations by pursuing its own path of relationships with emerging economic blocs. Even as the Kingdom participates in the latest leaders' summit in New Delhi, Saudi Arabia's BRICS membership status remains in question. It should be noted that the country was invited to become a full member of the bloc way back in 2023, although it has continued to attend the summit as a guest.
Participation in high-level multilateral forums opens up significant commercial opportunities to the Gulf nation without interfering with its overall foreign policy agenda.
Expands trade channels with primary energy importers including India and China.
Accelerates non-oil export growth, which reached 44% of total exports in 2025.
Explores local currency settlement mechanisms to diversify international financial operations.
Riyadh's delay in confirming its full accession stems largely from its vital defense and technological alignment with Washington. Moving toward formal integration with a group often viewed by Western leaders as a geopolitical counterweight creates friction during sensitive bilateral talks.
Although the BRICS economy is seen by the Gulf nation as a means to enhance its relationship with the countries of the grouping, it also believes that staying flexible is more important than formalizing the connection.
Beyond broad forum dynamics, Saudi Arabia prioritizes expanding key bilateral partnerships across Asia.
Broadens economic collaboration with New Delhi beyond traditional petroleum trade.
Boosts bilateral commerce, which reached $41.88 billion in recent fiscal cycles.
Supports a massive Indian diaspora of over 2.4 million nationals residing in the kingdom.
Riyadh understands that maintaining diplomatic channels enables it to have the maximum leverage in the changing multipolar economy. CIO Bulletin regards this development as an intelligent approach to maximizing the growth of trade in connection with key global relations.
Everything you need to know about this news
Saudi Arabia is treated as a special guest at BRICS summits. Saudi Arabia has not yet attained full membership.
Saudi Arabia attempts to maintain its existing deep defense and technology ties with the USA while also developing ties with other emerging economies.
Given their trade figures, BRICS countries are expected to provide Saudi Arabia greater opportunities for non-oil exports (44% of total Saudi exports in 2025).
From the Saudi perspective, India is a major and important consumption market, and even more especially an important Saudi ally in the area of technology, infrastructure, business, and security.
Attending summit discussions allows Riyadh to explore alternative local currency trade settlements, reducing total reliance on Western financial clearinghouses.








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