[…] The BRICS nations account for more than 40 percent of the Earth’s population. Their collective GDP amounts to 25 percent of global GDP ($21 trillion), and the nations’ share in world trade was close to 20 percent ($6.7 trillion) in 2020. It should be obvious that BRICS is a force to be reckoned with. The dominant position of the Western powers is eroding. In contrast, powers like China and India have come to the fore, making the global decision-making elite less Western and ideologically more diverse.
As Brazilian President Jair Bolsonaro rightly noted, “the growing weight of the emerging economies in the world requires a proper representation.” This process is organic and irreversible. It is represents an order in which the U.N. and G20 are given preference over NATO and the G7 group. The BRICS nations are laying the foundations of a multipolar world order that is genuinely democratic, where states act as sovereign entities co-managing the international system through international law rather than under a hegemonic “rules-based order.” Läs artikel