Published: Sun, May 14, 2017
Worldwide | By Gretchen Simon

American delegates to attend China's Belt and Road forum

India will skip China s high-profile Belt and Road summit beginning here from Sunday in view of sovereignty concerns related to the China-Pakistan Economic Corridor (CPEC), a flagship project of the initiative that is expected to play a dominant role in the two-day meet. It is the time to effectively implement the concept of One Belt One Road.

The project is the first successful contracted project on both countries' capacity cooperation.

The Chinese slogan "One Belt, One Road" dominates headlines.

A day before the inauguration of the Belt and Road Forum in Beijing, India finally gave its official reason for not participating in the event at Beijing, which will be attended by at least 29 world leaders.

India has reservations over the China-Pakistan Economic Corridor, part of the OBOR, as it is proposed to pass through the Pakistan-occupied Kashmir.

The project, known as the Belt and Road Initiative-or "One Belt, One Road" (OBOR) in straight translation-was introduced by president Xi Jinping in 2013 as a land-and-sea version of the fabled Silk Road trading route of the 16th to 18th centuries.

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Nawaz Sharif said his visit to China was significant in relevance with the economic conditions of Pakistan, adding "Pakistan was proud of its friendship with China".

On the upcoming forum, Ambassador Di revealed that the event would help attract some 1,200 participants from several world countries, worldwide organizations, and business groups.

India is concerned that the 3,000 km long project connecting Pakistan's deep-water port Gwadar and China's Xinjiang stem from the fact Gwadar, which was taken over by the Chinese, could become a future naval base that will enable Beijing to increase its sphere of influence in the Indian Ocean region. "In that case, Indian strategists would like New Delhi to support the west (the US) dominated system and order", Hu Shisheng south Asia expert at the China Institutes of Contemporary International Relations (CICIR) said.

Citing other problems, Baglay said: "We are of firm belief that connectivity initiatives must be based on universally recognised global norms, good governance, rule of law, openness, transparency and equality".

Turkey stands ready to strengthen cooperation with China in such areas as investment, transportation network and infrastructure construction, and welcomes Chinese businesses to invest in Turkey, Erdogan said.

"We are also actively considering acceding to TIR (Transports Internationaux Routiers or International Road Transports) Convention", he said.

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