• Elizaveta Iusova

BRICS: Friend or Foe for the European Union?

Indian Prime Minister Narendra Modi, Chinese President Xi Jinping, President Cyril Ramaphosa, Russian President Vladimir Putin and Brazilian President Michel Temer pose for a family picture at the 10th Brics summit in Johannesburg. Picture: SIYABULELA DUDA

‘Construction and support of the multilateral institutions based on the liberal ideas can enhance the cooperation in the world politics’, emphasized Robert Keohane in an article in 2012.' [1]

Does it mean that the multipolar world system is the only possible and efficient system in the current world order? The main role of states as the main actors on the international arena has changed, becoming substituted by the interaction of different groups of countries and organizations on the multilateral level. In this case, the formation of cooperation and integration blocks of countries is one of the tools for economic and political development and partial domination of the one or another group in the new changing world. BRICS (standing for Brazil, Russia, India, China and South Africa) is one of the best examples of such cooperation, aimed mainly on mutual economic benefits of its member-states. The European Union is another example, as the highest existing form of integration within the region.

Could the progres