Chinas OBOR invite; India to remain in wait and watch mode
Deepak Kumar China has once again expressed its interest in inviting India to join its ambitious One-Belt-One-Road (OBOR) connectivity project, envisaged to connect Asia with Europe and Africa through a network of rail routes, highways, gas and oil pipeline and other mega connectivity projects. India, however, remains wary of this regional and cross-continental connectivity project, especially since the project includes China-Pakistan-Economic-Corridor (CPEC) running through disputed PoK, and the possibility of playing second fiddle to the Chinese in the latter’s infrastructural projects. Apart from the contentious CPEC project, which India claims it challenges its sovereignty, China’s successful underlying of the OBOR project will hurt India more. If India does become a part of this mega project, then it may just become a subordinate to ...
India positive on Pakistan-China economic corridor
The Dollar Business Bureau India, on Wednesday, expressed its stand on the US$ 46 billion Pakistan-China economic corridor and also stressed on the need to remove misperception in order to ensure cordial relations between India and Pakistan. A statement, in this regard, was made by the Indian High Commissioner to Pakistan T C A Raghavan, in his address at the Khyber Pakhtunkhwa Chamber of Commerce and Industry (KPCC) meeting in Peshawar on Wednesday. “India is not worried over the US$ 46 billion Pakistan-China economic corridor, as an economically strong Pakistan will bring in regional stability,” said the Indian envoy in his address at the meeting, say the reports. Highlighting the need to restore mutual relations between India and ...