Introduction

BRICS is an important platform for emerging economies and the Global South.

Key Role

• Principle: Upholds UN Charter, sovereignty and peaceful dispute resolution.
• Openness: Supports WTO-based trade and opposes protectionism.
• Win-Win: Promotes development, local-currency trade and financial cooperation.
• Engine: Drives growth through technology, AI, trade and investment.
• Responsibility: Contributes to peace, stability and greater Global South representation.

Challenges

• India–China strategic differences.
• Divergent interests among members.
• Coordination and implementation gaps.

Way Forward

• Strengthen economic and financial cooperation.
• Push reforms in UN, IMF, World Bank and WTO.
• Focus on practical cooperation in technology, climate, health and energy.

Conclusion

BRICS can become a stronger pillar of a multipolar and inclusive global order by converting its economic weight into coordinated action.