Return of RIC on World Stage: Russia-India-China Unity Signals End of Dollar Dictatorship, US to Worry
Cooperation areas
Source: News18 | Original Published At: 2026-04-28 09:22:05 UTC
Key Points
- India is set to host the 18th BRICS Summit in 2026, where leaders from Russia and China are expected to attend, reviving the RIC triangle.
- Defense ministers of India, Russia, and China held bilateral meetings on the sidelines of the SCO meeting in Bishkek to discuss security and cooperation.
- RIC cooperation strengthens a multipolar world order, offering strategic autonomy to India amidst US-led alliances like QUAD and NATO.
- BRICS mechanisms such as local currency trade and the BRICS payment system are advancing de-dollarization efforts, impacting US economic dominance.
- Improved India-China dialogue alongside strong India-Russia defense ties indicates a thaw in relations beneficial for regional stability.
- Experts suggest that RIC coordination at BRICS and SCO forums signals a shift away from a US-centric power balance in Asia-Eurasia.