Question:Consider the following statements regarding RIC (Russia India China)grouping:
(1)It is a strategic grouping that was founded in the late 1990s under the leadership of Yevgeny Primakov.
(2) The group was founded on the basis of “ending its subservient foreign policy guided by the U.S.
93) It forms the core of the Shanghai Cooperation Organisation.
Which is/are correct?
(a)1 and 2
(b)2 and 3
(c)1 and 3
(d)1,2 and 3
Answer:(d)
Context:
- Indian Foreign minister has attended the virtual foreign minister level meeting of the trilateral group of Russia-India-China (RIC).
- Russia-India-China(RIC):
- It is a strategic grouping that was founded in the late 1990s under the leadership of Yevgeny Primakov, a Russian politician as a counterbalance to the Western alliance.
- Aim:
- Toend its subservient foreign policy guided by the USA and renew old ties with India and foster the newly discovered friendship with China.
- Significance:
- Together, the RIC countries occupy over 19 percent of the global landmass and contribute to over 33 percent of global GDP.
- All three are nuclear powers and two, Russia and China, are permanent members of the UN Security Council, while India aspires to be one.
- The trio could also contribute to creating a new economic structure for the world.
- They could work together on disaster relief and humanitarian assistance.
- Importance of RIC for India:
(1)It forms the core of the Shanghai Cooperation Organisation (SCO).
(2)India is in a geostrategic sweet spot today.
(3)It is important for India as an aspiring power to be able to thwart China’s aspirations of being a hegemon in both the maritime and continental spheres.
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