Most Popular
1. It’s a New Macro, the Gold Market Knows It, But Dead Men Walking Do Not (yet)- Gary_Tanashian
2.Stock Market Presidential Election Cycle Seasonal Trend Analysis - Nadeem_Walayat
3. Bitcoin S&P Pattern - Nadeem_Walayat
4.Nvidia Blow Off Top - Flying High like the Phoenix too Close to the Sun - Nadeem_Walayat
4.U.S. financial market’s “Weimar phase” impact to your fiat and digital assets - Raymond_Matison
5. How to Profit from the Global Warming ClImate Change Mega Death Trend - Part1 - Nadeem_Walayat
7.Bitcoin Gravy Train Trend Forecast 2024 - - Nadeem_Walayat
8.The Bond Trade and Interest Rates - Nadeem_Walayat
9.It’s Easy to Scream Stocks Bubble! - Stephen_McBride
10.Fed’s Next Intertest Rate Move might not align with popular consensus - Richard_Mills
Last 7 days
Stocks, Bitcoin, Gold and Silver Markets Brief - 18th Feb 25
Harnessing Market Insights to Drive Financial Success - 18th Feb 25
Stock Market Bubble 2025 - 11th Feb 25
Fed Interest Rate Cut Probability - 11th Feb 25
Global Liquidity Prepares to Fire Bull Market Booster Rockets - 11th Feb 25
Stock Market Sentiment Speaks: A Long-Term Bear Market Is Simply Impossible Today - 11th Feb 25
A Stock Market Chart That’s Out of This World - 11th Feb 25
These Are The Banks The Fed Believes Will Fail - 11th Feb 25
S&P 500: Dangerous Fragility Near Record High - 11th Feb 25
Stocks, Bitcoin and Crypto Markets Get High on Donald Trump Pump - 10th Feb 25
Bitcoin Break Out, MSTR Rocket to the Moon! AI Tech Stocks Earnings Season - 10th Feb 25
Liquidity and Inflation - 10th Feb 25
Gold Stocks Valuation Anomaly - 10th Feb 25
Stocks, Bitcoin and Crypto's Under President Donald Pump - 8th Feb 25
Transition to a New Global Monetary System - 8th Feb 25
Betting On Outliers: Yuri Milner and the Art of the Power Law - 8th Feb 25
President Black Swan Slithers into the Year of the Snake, Chaos Rules! - 2nd Feb 25
Trump's Squid Game America, a Year of Black Swans and Bull Market Pumps - 24th Jan 25
Japan Interest Rate Hike - Black Swan Panic Event Incoming? - 23rd Jan 25
It's Five Nights at Freddy's Again! - 12th Jan 25
Squid Game Stock Market 2025 - 5th Jan 25

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

Politics

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

Pravda.ru

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

© 2005-2022 http://www.MarketOracle.co.uk - 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