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This study attempts to analyze the place and functionality of the new grouping MIKTA (Mexico, Indonesia, (South) Korea, Turkey, Australia) in the evolution of “new” middle powerism, and compares MIKTA with three significant multilateral structures in which middle powers strive to have their voices heard: G20, IBSA and BRICS. This paper argues that MIKTA, as a group of middle powers, a multilateral structure, and also the most recent product of a “new” middle powerism (created in 2013), provides so far a successful institutional framework, which increases the influence of its members. A collective effort of the countries involved produces stronger influence on the international affairs than just a number of these countries’ individual efforts. But what can be the impact of this grouping on the political and economic changes in Asia and, more importantly, on the processes of international cooperation/integration there?