India, Russia and China today agreed to closely cooperate in the fight against terrorism emanating from Pakistan and Afghanistan to provide stability to the region.
The three countries also decided to give impetus to their trilateral relations in various areas including health, agriculture and disaster mitigation besides deciding to cooperate closely on climate change and reducing the impact of global recession.
External Affairs minister S M Krishna, Russian Foreign minister Sergei Lavrov and Chinese Foreign Minister Yang Jei Chi held two-hours of meeting to review the progress made in eight rounds of the trilateral dialogue.
Meeting under the format, RIC — Russia-India-China, the three leaders also discussed the situation in the region particularly in the context of terrorism emanating from Afghanistan and Pakistan.
After the meeting, the leaders told reporters that their discussions have been "productive" and they had identified new areas of cooperation.
"We shared views on various developments and have found that we have common approaches," Krishna said at the joint press meet during which no questions were taken.
He said the three leaders were of the view that cooperation between the three countries in fight against terrorism and trans-national crimes will provide stability to the region.
The Foreign Ministers condemned the terrorist attack at Indian Embassy in Kabul on October eight and pressed for bringing the perpetrators of all such assaults to justice.
They also stressed the need for strict observance of sanction regime against persons and entities listed at the UN Security Council under resolution 1267, an apparent reference to outfits like Pakistan-based Jamat-ud-Dawa (JuD) which has been proscribed by the world body for its involvement in Mumbai attacks.
The meeting strongly condemned terrorism in all forms and manifestations, saying there is no justification for any act of terrorism anywhere, said a joint comminique issued after the meeting.
Expressing concern at the deterioration of security situation in Afghanistan, the ministers agreed that terrorism must be combated firmly by the international community.
Lavrov said India, Russia and China need to be united in confronting terrorism and drug trafficking. He noted that all the three countries are taking interest in making joint efforts for bringing about peace and stability in Afghanistan.
The Chinese Minister noted that the three countries would make joint efforts for security and stability of the region.
He said China attaches great importance to the trilateral format which holds much promise.
Krishna, Yang and Lavrov stressed that future global economic governance should feature in "balanced representation, equality and result-orientedness and ensure the voice and representation of emerging market and developing countries."
The three countries advocated that future G-20 Summits should be held by rotation in developed countries and developing countries based on the principle of transparency and equity.
"The Ministers emphasised that one of the ultimate goals of governance structure reform for international financial institutions is equitable distribution of voting power between developed countries and developing ones," the communique said.
They also called for early implementation of the quantified targets on the governance structure reform of the international financial institutions endorsed by the G-20 Pittsburg Summit last month.
The three countries also pressed for speedy shift in IMF quota share of at least five per cent to emerging market and developing countries and an increase of at least three per cent of voting power in the World Bank for developing and transition countries, while avoiding erosion in voting shares of developing countries.
Yang said the global economic situation continues to be fragile and that India, China and Russia, all major emerging economies, should collaborate to ensure that the international financial system is "more just and equitable".
