Saturday, June 23, 2018
ABOUT US CONTACT US ADVERTISE WITH US FOLLOW US ON    
 
Kashmir Times Logo www.kashmirtimes.com
Business
SCO summit
India refuses to endorse China's Belt and Road initiative
ActIT Jammu, ASP.net Projects, Java, Vb.net, C# Training Jammu
Qingdao, June 10 (Agencies): India was the only country in the eight-nation Shanghai Cooperation Organisation (SCO) on Sunday which refused to endorse China's ambitious Belt and Road initiative for which Beijing has signed pacts with nearly 80 countries and international organisations.

A declaration issued at the end of the two-day summit of the SCO said Russia, Pakistan, Kazakhstan, Uzbekistan, Kyrgyzstan and Tajikistan are "reaffirming their support for the Belt and Road Initiative (BRI)" of China.

"The Member States express appreciation for the joint efforts taken towards its implementation, including efforts to coordinate the development of the Eurasian Economic Union and the BRI and call for using the potential of the regional countries, international organisations and multilateral associations to create a broad, open, mutually beneficial and equal partnership in the SCO space," it said.

In his address at the summit, Prime Minister Narendra Modi, in an oblique reference to the BRI, said any mega connectivity project must respect sovereignty and territorial integrity of the countries and assured India's full support to initiatives which ensures inclusivity.

India has been severely critical of the Belt and Road Initiative (BRI), the pet project of President Xi Jinping, as the USD 50 billion China Pakistan Economic Corridor, which is part of the BRI, passes through Pakistan-occupied Kashmir (PoK). India says it cannot accept a project that ignores its core concern on sovereignty and territorial integrity.

China had unveiled the BRI in 2013 with an aim to link Southeast Asia, Central Asia, the Gulf region, Africa and Europe with a network of land and sea routes.

President Xi has already announced that China would invest around USD 126 billion for the project. However, there has been suspicion among several countries that the main aim of the project is to expand China's influence globally.

According to Chinese officials, around 80 countries and international organisations have already inked pacts with Beijing for the project.

In his address, in presence of President Xi, Modi said India's commitment to connectivity projects is reflected in its involvement in International North South Corridor project, development of the Chabahar port and the Ashgabat agreement.

"Connectivity with the neighbouring countries is India's priority. We welcome the connectivity projects which are sustainable and efficient and which respect territorial integrity and sovereignty of the countries," he said.


News Updated at : Monday, June 11, 2018
 
Comment on this Story 

 
 
Top Stories of the Day  
J&K police seeks 22,500 additional para-military men
NEW DELHI, Jun 10 (Agencies): The Jammu and Kashmir police has sought around 22,500 additional paramilitary personnel for deployment along the entire route of the Amarnath pilgrimage, for which multi-tier security arrangements will be put in place, officials said today. The pilgrimage to the shrine in south Kashmir Himalayas begins on June 28. Tracking of pilgrims' movement through satellites, installation of jammers, CCTV cameras and bulletproof bunkers, deployment of dog squads and quick re
> 4 feared dead in road accident near Zojila
> Lal Singh’s brother arrested from Udaipur
> Hustle bustle picks up in city markets ahead of Eid-ul-Fitr
> Mehbooba visits exhibition of Quranic manuscripts
> Naeem’s dig at Omar
 
 
Other Stories from Web  
 
 
 
Find us on
 
 
Weather Report
 
Shridev Sharma
 
Mata Vaishnodevi | Matavaishnodevi | Mata Vaishno Devi
 
Electric Blanket | Electric Bed Warmers | Electric Under Blankets | Electric Heating Blanket
 
 
 
Web Design Jammu, Web Design Company, Ideogram Jammu
 
 
Home | Contact Us | Kashmir Times | Kashmir Times E-Paper - Jammu | Kashmir Times E-Paper - Srinagar | Dainik Kashmir Times | Jammu Prabhat
Copyright 2013 Kashmir Times Group. All rights reserved. Powered by Ideogram Technology Solutions Pvt. Ltd.