The changing geopolitical realities of the world today may be creating conditions for the emergence of a new regional platform focused simultaneously on connectivity, economic cooperation, and energy security across South, West and Central Asia. A possible framework is CRISP, comprising China, Russia, Iran, Saudi Arabia and Pakistan.

The idea may appear ambitious at first. Yet the weakening relevance and growing structural contradictions within existing regional platforms suggest that the time may be ripe for a new architecture better aligned with the emerging multipolar world.

The BRICS Dilemma: BRICS was originally conceived as a platform for emerging powers seeking greater influence in global economic governance. Over time, it evolved to represent the Global South and a possible alternative to a Western-dominated financial order. Collectively, BRICS countries today account for approximately 40% of global GDP and represent nearly half of the world's population. Yet despite its demographic and economic weight, BRICS increasingly faces internal contradictions, most notably the growing rivalry between China and India.

India's presidency of BRICS in 2026 has highlighted these limitations. The organisation has struggled to produce major new initiatives, and even consensus-building at recent summits has reportedly faced difficulties. India's broader strategic posture continues to reflect a balancing act between the United States and China, with New Delhi appearing to tilt progressively towards Washington in economic, defence and........

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