

While i like the idea, i don’t think this will play out like this easily.
First of all the EU is resource dependent whereas the US and China do have access to a lot of resources domestically.
Then many EU countries have a huge baggage of colonial and post colonial crimes and structures that drove countries in Africa, Asia and South America away or keep them at arms length.
Finally many EU countries also have a huge Racism/Fascism problem and delusions of supremacy are on the rise rather than falling. So governments advocating for and making deals that are consistent with the real power dynamics and making up for some of the crimes they committed is likely not going to happen easily. Germany, France, Italy, Netherlands… All these countries are on a very bad track of Racist delusions that will get in the way of diplomacy and economic beneficial dealings. They already are shooting themselves in the internal and the external foot.
Meanwhile China has the BRICS going on and stronger than ever. The US still has military bases all over the world. The EU will need to change their way of dealing with other countries tremendously if it wants to form a third bloc.
All of the “Middle East” is in Asia and people are neither fond of the former colonizing nor of the onslaughts and meddling since.
Algeria and France are escalating diplomatic tensions with recent withdrawals and expulsions of diplomats.
Multiple Subsaharan countries kicked out the French over the past two years.
Germany keeps antagonizing Namibia instead of properly owning up to the genocide it committed there
India is asserting itself more and more on the world stage. While it has good trade relationships and the current government loves Racism against Muslims, India also helps Russia circumvent EU sanctions.
For South America and South Asia i dont know enough details. The EU countries mostly siding with Israel in its war crimes and crimes against humanity is definvtely not helping ties with South American countries except for maybe Argentina