The BRICS group is still young as an organization, but has already proven its effectiveness. Brazil, Russia, India, China, and South Africa are coordinating their policies on key international issues ever more closely, and are playing an active part in shaping a multipolar world order and developing modern models for the world’s financial and trading systems.
Prime Minister of Mongolia Ukhnaagiin Khurelsukh has announced about the start of the project of a gas pipe from Russia to China through Mongolia at the meeting with Russian PM Dmitry Medvedev
The BRICS grouping is relatively a new “should be” global economic hegemony of the Global South. Over the past few years however there has been economic and political upheavals within the grouping and within its member states that the future of BRICS comes into question. This paper reviews the position of the 10th BRICS Summit and the foundation that it lays for the future position of BRICS