Turning down China

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Belt and road is China’s most ambitious initiative in history. Known as a belt of a road (OBOR) this gigantic proportions infrastructure project tries to bring under its influence more than 60 countries of the world, Scandinavian to the South Pacific islands in their land and maritime versions. The silk route was the inspiration of this initiative in the year 2013.
For President Xi Jinping, and Belt Road is a project of ambition and personal honor. His government has left stone without being a reality in less than four years. During the first three years, several projects were signed contracts valued at more than one trillion dollars.
In a world of competitive economic and commercial alliances, OBOR surpassed many other actors in the region and beyond. The European Union has some 27 member countries; The Organization of Petroleum Exporting Countries (OPEC) has 13 countries; East East Asia Summit in 18 countries; Even a religious group such as the Organization of Islamic Cooperation (OIC) has only 57 countries as members. APEC TTP SCO – no one approaches the Belt and Road Initiative with the participation of more than 60 countries.
In any case, it is uniquely the largest constellation of nations in the 21st century. Eminent nation listing in this mega show is India. Like other countries, India has also been invited to the conclave in Beijing, with invitations to six different departments to participate in various forums at the top. The Chinese had the hope until the last moment of India’s participation. But the Indian government decided not to send its representatives to the summit.
Belt and road is basically a Chinese project. It is expected that two large Chinese financial institutions to take responsibility for organizing the necessary funds for the participating countries. Once completed, the rail, road and sea routes of the project should significantly boost bilateral and multilateral trade.
When the project is a source of pride for Chinese leaders, it is also involved in the controversy over issues of sovereignty and fears about debt service obligations. Projects such as this one, with the participation of several countries, are put in place after proper deliberations among beneficiary countries and after discussing their concerns.
For the belt and the road, however, the Chinese have chosen a different path. The project was first announced and the process of dialogue with the different countries began. This certain certain; For some, like Nepal, this proposal is too big to dismiss. India is probably the only country that has not found its virtuous or beneficial to join this mega alliance.
The reserves of India must be examined from the perspective of sovereignty. China routinely threatens countries when it finds problems or remotely related to its own sovereignty issue being “violated.” Not just China, no country jeopardizes its sovereignty in the interests of certain commercial and business interests.
The Achilles heel is the India Economic Corridor between China and Pakistan, popularly known as the CPEC. The CPEC is considered part of the Belt and Road Initiative, although it began much earlier. In fact, when the Chinese reached an agreement with Pakistan in 1963 to build the Karakoram road in Pakistan-occupied Kashmir (POK), India has violently challenged the same question of sovereignty. The region through which the road goes to India and was under the illegal occupation of Pakistan. Therefore, the Chinese side was fully aware of India’s concerns about the region.

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