The BRICS bloc has the capacity to play a stabilising role in global affairs, at a time when multilateral values are under siege and trade chaos reign. Already, the five countries account for almost a third of global GDP.
Recent years have witnessed deep geopolitical shifts that have fundamentally changed the global landscape. Against this backdrop, the role of the Asia-Pacific region is rising, becoming a significant factor that is determining mainstream international developments, and becoming an influential player in the emerging polycentric world order.