By far, the Realist notion of Power politics has remained the dominant paradigm in examining interstate relations; however, I want to argue that the evolving international landscape is moving fast towards complex interdependence. The peaceful rise of China, recurrence of Russia and rising Indian stature with a stable economic outlook and human capital of over 1 billion are hard facts, which is transforming the prevailing norms of international order by way of cooperative engagement, economic collaboration, common development and creating shared destiny by way of win-win cooperation. The BRICS (Brazil, Russia, India, China, and South Africa) has assumed greater significance, as it is a transregional organization based on economic integration. This research article explores the contours of a successful model, identify potential challenges and opportunities and suggests a way forward for optimizing the gains promised through this economic bloc.