Just after a decade of its existence, the BRICS group and the rising powers narrative have lost some of their appeal. The economic growth story has stalled, and domestic political challenges curb the group’s foreign policy potency. In the context of the presumed decline of relevance, the article asks what foreign policy value is BRICS providing for its members? An inner-group perspective is applied. The article argues that BRICS is offering a number of benefits. Namely: indirectly supporting domestic regime stability, protection from unwanted external interferences, flexible alignment in foreign policies and boosting of regional authority. The article goes through the rhetorical codification of BRICS summit documents, traces the uncodified principles of cooperation among its members and illustrates its argument with selected empirical examples. Far from being in decline, BRICS delivers important value added for the group which often goes missing in the literature on regional powers.

金砖国家集团和新兴大国的叙述在其存在仅仅十年之后就失去了一些吸引力。经济增长停滞不前，国内政治挑战抑制了该集团的外交政策效力。在假定相关性下降的背景下，文章询问金砖国家为其成员提供了什么外交政策价值？应用了内部群体的观点。文章认为，金砖国家提供了许多好处。即：间接支持国内政权稳定，保护免受不必要的外部干扰，灵活调整外交政策和增强地区权威。文章通过对金砖国家峰会文件的修辞编纂，追溯其成员之间未编纂的合作原则，并以精选的实证例子说明其论点。