NEW DELHI, 26 November 2021, (TON): India-Russia- China or commonly known as RIC reviving its leadership level meet after 12 years called for strengthening multilateralism and reforming multilateral institutions including UN and WTO and underscored open global economy amid current geo-economic tensions.

Prime Minister Modi, President Vladimir V Putin of Russian Federation and President Xi Jinping of the People’s Republic of China, held a Trilateral Meeting in Buenos Aires and agreed to also promote global stability.

The Foreign leaders of RIC meet annually and their next meeting is expected in China next year.

The three leaders exchanged views on expanding mutual cooperation in international forums, and to encourage greater interaction among the three countries.

They agreed on the importance of reform and strengthening of multilateral institutions which have benefitted the world, including the United Nations, WTO and well-established as well as new global financial institutions.

They underscored the benefits of a multilateral trading system and an open world economy for global growth and prosperity.