RIC 9th Trilateral Meeting

8/14/2019 RIC 9th Trilateral Meeting

1/4

RUSSIA, INDIA AND CHINA SUMMITIN BANGALORE

Bangalore hosted trilateral meeting of RIC

(Russia, India, and China) foreign ministers on

Tuesday, the 27th November. This is the first

important meeting of

international importance

after SAARC, which washeld in 1986, some 23

years ago. S.M.Krishna,

Yang Jeichi and Ser

Lavrov, foreign

ministers of India, China

and Russia respectively,held discussions

on wide ranging

issues including

international terrorism,

climate change, international financial order,

Afghanistan, trade and commerce and IMF

and World Bank etc.

1

INSPITE OF

BORDER DISPUTE

BETWEEN INDIA

AND CHINA AND

UNWARM

RUSSIAN AND

CHINESE

RELATIONS, THE

HOLDING OF THIS

SUMMIT IS VERY

IMPORTANT


2/4

This meeting had assumed immense

significance in view of recent standoff

between India and China on Arunachal

Pradesh. PM Dr. Man Mohan Singhs visit to

Arunachal Pradesh was opposed by China. Dr

Singh met Wen Jiabao, premier of China in

Thailand and tried to diffuse the tension. It

has been conveyed to the Chinese that

Arunachal Pradesh is an integral part of Indiaand Chinese stand on this issue is not

acceptable to it. On Dalai Lama Indian

premiere has categorically stated that he is

an honored guest of India.

The declaration singed after this meeting,

demanded among other things, reforms in IMF

and World Bank. The three leaders said that

India, China and Russia are major players in

world economy and therefore should be given

at least 5% voting rights in these international

financial institutions. Commending the role ofinternational community in fighting terrorism

in Afghanistan, the leaders expressed hope

2


3/4

that the effort would continue till the

normalcy is restored.

Decision was also taken that next meeting ofRIC would be held in

China. On issues like

climatic change, they

resolved to take

concerted effort and

stand on Copenhagen. Itis worth mentioning that

India and China have signed a bilateral

agreement on climate change and have

resolved to work together in the field of

climate change. These three nations put

together constitute 20 % land mass and 39 %

world population, and in this backdrop this

meeting and decisions taken therein assume

great significance.

They also discussed issues related to trade

and commerce and reiterated that more stepswould be taken to ensure that trade volume

between these countries increases.

3

RIC MEETING IN

BANGALORE HAS ASSUMED

IMMENSE INTERNATIONAL

SIGNIFICANCE IN THE

PREVAILING POLITICO-

ECONOMIC GLOBAL

SCENARIO


4/4

If RIC work together in international forums

like G-20, WTO and SCO etc can yield very

good results. Although issues of Arunachal

and Dalai Lama were also raised by Chinese

counterpart, but SM Krishna downplayed it

intelligently and this meeting remained

confined to cooperation rather than

confrontation.

4

Documents

RIC 9th Trilateral Meeting