Best of the Week
Most Popular
1. Investing in a Bubble Mania Stock Market Trending Towards Financial Crisis 2.0 CRASH! - 9th Sep 21
2.Tech Stocks Bubble Valuations 2000 vs 2021 - 25th Sep 21
3.Stock Market FOMO Going into Crash Season - 8th Oct 21
4.Stock Market FOMO Hits September Brick Wall - Evergrande China's Lehman's Moment - 22nd Sep 21
5.Crypto Bubble BURSTS! BTC, ETH, XRP CRASH! NiceHash Seizes Funds on Account Halting ALL Withdrawals! - 19th May 21
6.How to Protect Your Self From a Stock Market CRASH / Bear Market? - 14th Oct 21
7.AI Stocks Portfolio Buying and Selling Levels Going Into Market Correction - 11th Oct 21
8.Why Silver Price Could Crash by 20%! - 5th Oct 21
9.Powell: Inflation Might Not Be Transitory, After All - 3rd Oct 21
10.Global Stock Markets Topped 60 Days Before the US Stocks Peaked - 23rd Sep 21
Last 7 days
AI Tech Stocks State Going into the CRASH and Capitalising on the Metaverse - 25th Jan 22
Stock Market Relief Rally, Maybe? - 25th Jan 22
Why Gold’s Latest Rally Is Nothing to Get Excited About - 25th Jan 22
Gold Slides and Rebounds in 2022 - 25th Jan 22
Gold; a stellar picture - 25th Jan 22
CATHY WOOD ARK GARBAGE ARK Funds Heading for 90% STOCK CRASH! - 22nd Jan 22
Gold Is the Belle of the Ball. Will Its Dance Turn Bearish? - 22nd Jan 22
Best Neighborhoods to Buy Real Estate in San Diego - 22nd Jan 22
Stock Market January PANIC AI Tech Stocks Buying Opp - Trend Forecast 2022 - 21st Jan 21
How to Get Rich in the MetaVerse - 20th Jan 21
Should you Buy Payment Disruptor Stocks in 2022? - 20th Jan 21
2022 the Year of Smart devices, Electric Vehicles, and AI Startups - 20th Jan 21
Oil Markets More Animated by Geopolitics, Supply, and Demand - 20th Jan 21
Fake It Till You Make It: Will Silver’s Motto Work on Gold? - 19th Jan 22
Crude Oil Smashing Stocks - 19th Jan 22
US Stagflation: The Global Risk of 2022 - 19th Jan 22
Stock Market Trend Forecast Early 2022 - Tech Growth Value Stocks Rotation - 18th Jan 22
Stock Market Sentiment Speaks: Are We Setting Up For A 'Mini-Crash'? - 18th Jan 22
Mobile Sports Betting is on a rise: Here’s why - 18th Jan 22
Exponential AI Stocks Mega-trend - 17th Jan 22
THE NEXT BITCOIN - 17th Jan 22
Gold Price Predictions for 2022 - 17th Jan 22
How Do Debt Relief Services Work To Reduce The Amount You Owe? - 17th Jan 22
RIVIAN IPO Illustrates We are in the Mother of all Stock Market Bubbles - 16th Jan 22
All Market Eyes on Copper - 16th Jan 22
The US Dollar Had a Slip-Up, but Gold Turned a Blind Eye to It - 16th Jan 22
A Stock Market Top for the Ages - 16th Jan 22
FREETRADE - Stock Investing Platform, the Good, Bad and Ugly Review, Free Shares, Cancelled Orders - 15th Jan 22
WD 14tb My Book External Drive Unboxing, Testing and Benchmark Performance Amazon Buy Review - 15th Jan 22
Toyland Ferris Wheel Birthday Fun at Gulliver's Rother Valley UK Theme Park 2022 - 15th Jan 22
What You Should Know About a TailoredPay High Risk Merchant Account - 15th Jan 22
Best Metaverse Tech Stocks Investing for 2022 and Beyond - 14th Jan 22
Gold Price Lagging Inflation - 14th Jan 22
Get Your Startup Idea Up And Running With These 7 Tips - 14th Jan 22
What Happens When Your Flight Gets Cancelled in the UK? - 14th Jan 22

Market Oracle FREE Newsletter

How to Protect your Wealth by Investing in AI Tech Stocks

Russia, India and China Forming Strategic Geopolitical Alliance

Politics / GeoPolitics Nov 21, 2010 - 08:50 AM GMT

By: Pravda


Russia, India and China are pursuing common goals in their international policies and economic development.

In what is the latest step to promote trilateral cooperation in a variety of fields, the foreign ministers of China, Russia and India met for two days last week in Wuhan, capital of central Hubei province. Tenth of its kind, the meeting was shown as being conducive to deepening trilateral ties between Beijing, Moscow and New Delhi.

Due to the increasing influence of these three countries in regional and world affairs, cooperation opens up opportunities for increased development.

These three members of what has been called BRIC (Brazil, Russia, India and China), cover an entire 40 percent of the world population, with a combined GDP of more than 15 percent of the world total. The three also enjoy a particularly advantageous geopolitical position, along with an abundance of labor, natural resources and scientific and technological advantages. The geographic location of the three countries also facilitates the deepening of triangular trade.

The three are emerging economies, locked into raising their international status, while they share many views on international issues. The three countries also call for reforms to the current world order. They also face common pressing tasks, such as the fight against religious extremism, ethnic separatism and international terrorism. For all, economic and trade cooperation is an important platform for their trilateral strategic partnership to take root.

The concept of a "strategic triangle" was the brainchild of former Russian Prime Minister Yevgeny Maximovich Primakov, who first used the term in 1998 during a visit to India. Although the approach generated little enthusiasm at the time, China, Russia and India have begun to recognize the importance of enhancing their triangular ties to safeguard their interests at the turn of the century, especially after the wars launched by the U.S. in Afghanistan and Iraq.

In that vein, the three countries held discussions with contacts by senior officials in September 2001, after which the foreign ministers held their first "informal meeting" in the Russian port city of Vladivostok in June 2006. At that time, they published a joint statement that emphasized the advantages of developing trilateral cooperation in specific fields as a way to make substantial contributions to peace and stability in Asia and the world. Heads of state of the three countries met in parallel with the meetings of the G8 summit in July 2006.

China, Russia and India have a common strategic need to strengthen their ties. In today's world where international relations are undergoing profound changes and multi-polarization continues to accelerate, the three nations are on similar positions in a multitude of international issues. All advocate the democratization of international relations and the establishment of a new international order based on universally recognized international laws.

By Yu Jincheng (Xinhua)

Translated from the Spanish version by: Lisa Karpova

Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

Pravda Archive

© 2005-2019 - The Market Oracle is a FREE Daily Financial Markets Analysis & Forecasting online publication.

Post Comment

Only logged in users are allowed to post comments. Register/ Log in