BANGALORE: Russia, India and the Republic of China have agreed to coordinate approaches to ensuring reliable energy security, Russian Foreign Minister Sergei Lavrov said here on Tuesday, commenting on the results of a tripartite meeting of foreign ministers of Russia, India and China.

“We agreed to coordinate our efforts, aimed at creating a more democratic system both in the sphere of finances and in the security sphere. We agreed to coordinate our approaches to international discussions on ensuring reliable energy security and on problems of climate changing,” he said.

According to Lavrov, the ministers were unanimous in their opinion that the world financial crisis was the result of the discrepancy between the global architecture, created after World War II, and the present-day situation. Lavrov said as well that participants in the discussion in the Russia-India-China format had discussed the situation in the Korean Peninsula and around Iran. “We have coinciding approaches regarding diplomatic methods of settling the situation in the Korean Peninsula and the Iranian nuclear programme,” Lavrov said.

Lavrov reminded that it was the ninth meeting in the Russia-India-China (RIC) format. “One could state that RIC has become an international format and an important factor in the formation in the multi-polar world structure,” he said. According to his information, a joint communiqu· was adopted at the current meeting, which recorded in detail the approaches of the three countries to international regional problems.