Nafey, Abdul and Kashyap,Aprajita  <br/><br/>
BRICS and multipolarisation of the global order: It works for India  

 - Indian Foreign Affairs Journal   
 - 17(3-4), Dec, 2022: p.170-189 
<br/><br/> The 15th summit of the five-nation BRICS (Brazil, Russia, India, China and<br/>South Africa) grouping was held in Johannesburg, South Africa on 22-23<br/>August 2023. The event drew unusual interest for its three key subjects: (i)<br/>the conflict in Ukraine; whether BRICS would formulate a common position<br/>on the conflict where one of the BRICS is involved? (ii) expansion of BRICS<br/>that has geopolitical and economic implications. Who would be in, and for<br/>what drew global interest? (iii) De-dollarisation was another major theme for<br/>discussion: how to reduce the dependence on the US dollar, and whether<br/>trade in local currency would work?<br/>India had its own specific concerns. It has maintained an independent<br/>stance on Ukraine. What would be India’s response in case Russia and China sought to leverage the BRICS grouping in their growing conflict with the West? Is China’s proposed expansion a ploy to pack the BRICS grouping with its ‘yes-men’? Using local currency in cross-border trade is desirable. But would de-dollarisation mean increased use of Chinese renminbi in cross-<br/>border transactions?<br/>The present article gives section-length treatment to each of the three<br/>aforementioned issues. A separate section ‘deconstructs’ BRICS to identify<br/>its core historical and philosophical values. The fifth and final section<br/>conceptualises BRICS in the context of contemporary theories and practices<br/>of international relations. Needless to add, India has made contributions to the<br/>thoughts and practices of the BRICS, which are highlighted in the article- Reproduced <br/>	<br/>https://www.jstor.org/stable/48772508?seq=1