Actionable ideas

Our ideas portfolio includes actionable proposals for BRICS, small open economies such as OASES, as well as frameworks for global governance and environmental policy. Some of these ideas to a varying degree have been put into practice as has been the case with the BRICS+ format, the creation of a platform for land restoration, platforms for regional development institutions as well as a cooperative platform for small open economies. We will aim to continuously expand the repository of actionable proposals with the view to expanding the set of communication lines and potential alliances in the world economy. Proposals marked with an asterisk (*) have been implemented to a varying degree.

  1. BEAMS – BIMSTEC, Eurasian Economic Union, AfCFTA/AU, Mercosur, SCO – a platform, bringing together regional integration arrangements in which BRICS countries are members: https://valdaiclub.com/a/highlights/beams-of-the-sunrise-a-look-at-brics-5-year-cycles (June 2018)
  2. BRICS+* – an extension of the BRICS format that may assume various modalities, with the key trajectory bringing together the regional integration arrangements of BRICS economies and their regional development institutions: https://brics-plus-analytics.org/re-thinking-the-brics-on-the-concepts-of-brics-and-brics/; (February 2017)
  3. BRICS++ – an expansion of the BRICS+ format to include regional development institutions and regional organizations with the participation of advanced economies; one of the potential candidates for such a format may be the Regional Comprehensive Economic Partnership (RCEP): https://brics-plus-analytics.org/what-are-the-modalities-of-brics-expansion/; (February 2017 – August 2023)
  4. BRICS Troika* – a governance mechanism that emulates the G20 Troika framework in bringing together the past year’s, current and next year’s presidency; the proposal has been adopted across the BRICS+ tracks such as BRICS Youth: https://brics-plus-analytics.org/a-brics-troika-format-for-chairmanship-transition/; (March 2025)
  5. CEIBAS – China, Egypt, India, Brazil, Argentina, South Africa: the largest pair economies from the three main regions of the Global South, namely Africa, South America and Asia: https://brics-plus-analytics.org/alternative-perspectives-on-em/; (December 2024)
  6. Hemispheric QUAD –  a proposed group of the largest economies in their respective hemispherical segments: the US in the Northwestern segment, China in the Northeastern, Brazil in the Southwestern and Australia in the Southeastern; the arrangement may be employed in global institutions (WTO, UN) to forge consensus across membership: https://brics-plus-analytics.org/hemispheric-governance-an-exercise-in-semi-globalism/; (April, 2026)
  7. Land restoration global platform* – proposed in 2024 on the basis of OASES economies and implemented by BRICS in 2025: https://brics-plus-analytics.org/a-global-platform-for-land-restoration/; https://brics-plus-analytics.org/brics-to-create-a-platform-for-land-restoration/;  (October 2024)
  8. OASES* – Oriental Republic of Uruguay, Austria, Switzerland, Emirates (UAE), Singapore: a platform for small open and neutral economies to advance trade liberalization, peace mediation and superior economic policy practices; has been implemented to a significant degree in September 2025 in the form of the Future of Investment and Trade Partnership (FIT): https://europeansting.com/2022/02/23/from-brics-to-oases-a-global-platform-for-small-economies-on-the-international-arena/ ; (February 2022)
  9. PEAKs/InPEAKS* – Indonesia, Pakistan, Egypt, Argentina, Kazakhstan, Saudi Arabia: a group of emerging markets that was to serve as a model of the next generation of BRICS economies; the concept largely predicted the composition of the expansion wave of BRICS+ in 2023-2025: https://brics-plus-analytics.org/a-look-at-brics-derivatives-and-alter-egos/ (April 2018)
  10. PIERs – Panama, Indonesia, Egypt and Russia: bi-oceanic economies that are at the same time trans-continental; may be operationalized via BRICS+ plurilateral formats: https://brics-plus-analytics.org/bridging-oceanic-divides-in-search-of-new-connectivity-paradigms/ (August 2026)
  11. R5 initiative (Renminbi, Real, Rand, Rouble, Rupee) – advanced in 2017 and developed further in 2018, the R5 initiative calls for the greater use of BRICS+ national currencies in mutual transactions as well as the creation of a common R5/R5+ currency: https://eng.globalaffairs.ru/articles/boosting-the-use-of-national-currencies-among-brics/; https://valdaiclub.com/a/highlights/monetizing-brics-r5?sphrase_id=1375776;  (August 2017-September 2018)
  12. R20 (regional 20) – a proposed engagement group/horizontal platform for regional integration arrangements within the G20; https://valdaiclub.com/a/highlights/towards-a-g20-global-governance-framework (November 2018)
  13. SAGES – SCO, ASEAN, GCC, EAEU, SAARC – a platform for economic cooperation that brings together the main regional integration arrangements of Eurasia from the Global South; the SCO+ format has already featured the participation of blocs such as ASEAN and the EAEU: https://russiancouncil.ru/en/analytics-and-comments/comments/the-assembly-lines-of-grand-eurasia/ (July 2022)
  14. SCO+ format* – the expansion in the SCO format to include regional organizations and regional integration arrangements from Eurasia, such as ASEAN and the GCC; the SCO+ format was launched and institutionalized during the SCO summit in Tianjin, China (September 2025) with the participation of regional integration arrangements from Eurasia, including ASEAN and the Eurasian Economic Union: https://valdaiclub.com/a/highlights/imago-mundi-a-south-south-concert-of-continents (January 2018)
  15. Southern Five – a proposed platform for the largest economies of the Southern Hemisphere that are members of the G20: Argentina, Brazil, South Africa, Indonesia and Australia : https://brics-plus-analytics.org/the-southern-five-a-platform-to-balance-the-global-economy/; (March 2026)
  16. Syndicated regionalism* – the policy of forming platforms of regional development institutions for purposes of co-financing and economic policy coordination. Has been implemented in part via platforms for MDBs formed by the World Bank and coordination mechanisms by the IMF with RFAs: https://valdaiclub.com/a/highlights/syndicated-regionalism-the-missing-link-in-global; (January 2018)