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Russia and China Seek RIC Revival as India Hesitates

Russia and China Seek RIC Revival as India Hesitates
Will RIC emerge from BRICS? The question of a power trio that hesitates to unite · wionews.com

RIC is a group made up of Russia, India and China.

It was created before the larger BRICS group.

Russia and China now want to make RIC active again.

They say it could help regional and global stability.

They may also use it to connect payment systems and trade in their own currencies.

India has not clearly agreed to revive the group.

India is cautious because it still has disagreements with China over their border.

India also wants to maintain relationships with both Washington and Moscow.

Because the three countries have different goals, it is uncertain whether RIC will become a tightly united bloc.

Key facts

RIC members
Russia, India and China
Origin
The grouping was formulated in the late 1990s by Russian statesman Yevgeny Primakov.
Relationship to BRICS
RIC preceded BRICS and became its core foundation after Brazil joined in 2004.
Revival announcement
Russian Foreign Minister Sergey Lavrov announced the effort on January 20, 2026.
Proposed cooperation
Reports mention integrating SPFS, CIPS and UPI payment systems and using national currencies for energy trade.
Main obstacle
India’s unresolved border tensions with China, including the 2020 clashes in Ladakh, have kept it cautious.
Current status
The mechanism has remained largely inactive since the COVID-19 pandemic and the 2020 India-China border clashes.

Sources

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