The BRICS alliance comprising Brazil, Russia, India, China, and South Africa has emerged as
a pivotal force seeking to reshape the existing world order. Established with the aim of fostering
cooperation and collaboration among major emerging economies, BRICS is not merely an
economic coalition; it is a strategic partnership with profound implications for the rebalancing
of geopolitical power dynamics.
BRICS held its summit in South Africa in August of this year,
President Putin of Russia did not attend after there were calls for him to be arrested by the ICC.
There has been a lot of criticism and here under we explain some of the strategies that BRICS
intends to use to reshape the global order.
A Counterweight to Traditional Power Structures:
The BRICS nations collectively represent over 40% of the world’s population and a substantial
portion of its economic output. In recent years, these nations especially South Africa and Brazil
have demonstrated not only remarkable economic growth but also increasing influence on the
global stage.
This rise challenges the traditional dominance of Western powers and institutions,
providing a counterweight to the established global order.
Economic Powerhouse , overcoming sanctions :
Economic cooperation is a cornerstone of the BRICS agenda. The member nations recognize
the potential for mutual benefit by leveraging their collective economic strength. Initiatives
such as the New Development Bank (NDB) and the Contingent Reserve Arrangement (CRA)
aim to reduce dependency on traditional financial institutions and foster more inclusive,
equitable economic governance.
Most BRICS countries are under some sort of sanctions from
traditional institutions hence it is a way of fostering trade among themselves to survive.
Multilateralism and Diplomacy:
BRICS advocates for a multipolar world, emphasizing the importance of multilateralism in
addressing global challenges. The alliance has consistently called for reforms in international
institutions like the United Nations, the International Monetary Fund (IMF), and the World
Bank to better reflect the contemporary geopolitical landscape. The UN security council has
no permanent member for from Africa for instance , African presidents like Robert Mugabe
advocated for this 10 years ago without success , the BRICS aims to bring about such changes
