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.
In recent years, the energy partnership has played a crucial role in Sino-Russian trade and economic cooperation. The partnership between China and Russia in the oil and gas industry is one of the most significant developments in the global energy market
It is reported that Russia has common trade space within the Eurasian Economic Union (EAEU), South Africa participates in the African Continental Free Trade Area (AfCFTA), while Brazil is a member of the Southern Common Market (MERCOSUR)
McGregor warned that "this is now a slow slide into [global] war that many people have really worried about for a long time" and that the US is faced with either admitting failure or pushing for a direct confrontation with Russia.