(Adds Russia's Lavrov quotes in para 7-8, details in paras 2, 4-6)

HARBIN (China), October 24 (RIA Novosti) - The placement of U.S. missile defenses in Europe will not ease global security concerns but will undermine the global strategic balance, the Chinese foreign minister said Wednesday.

Washington insists that the deployment of a radar in the Czech Republic and a missile interceptor base in Poland will protect the U.S. and its NATO allies from potential missile attacks coming from Iran or North Korea, despite Russia's objections.

Speaking at a news conference after a meeting between foreign ministers of China, Russia and India, Yang Jiechi expressed hope that a new concept of global security, characterized by mutual trust and equal rights, could be established in the future.

The Harbin meeting is the third stand-alone meeting of the foreign ministers from the three countries. New Delhi hosted the previous two meetings, which some experts and media said could be aimed at setting up a military-political alliance to counter the influence of the United States in the region.

Russia's Foreign Minister Sergei Lavrov said at the news conference in Harbin that Russia has no plans to form a military union with India and China.

He said Moscow is developing dialogue with the two Asian countries through bilateral as well as trilateral formats, within the framework of the Shanghai Cooperation Organization and other structures.

"We are striving to jointly resolve key issues of security through multilateral dialogue, primarily by political and diplomatic means," Lavrov said.

"There is no alternative to a multi-polar and equal-rights cooperation in the world if we want to respond effectively to the existing threats," he said.