International politics

[Nmjut]

In recent times, the world order is shifting from unipolarity to multipolarity. The concept of multipolarity is being perpetuated by emergence of regional platforms such as; BRICS, SCO, and many more. All these platforms, especially BRICS, under the soft power of china are collectively working to counter the concept of unilateralism. They are doing trades in their local currency in order to promote the concept of multilateral trade in global market. The another objective behind it, to counter the influence of the USA dollar. Hence, all emerging economies are working together to build a new world order of multipolarity.