According to Chinese media, India’s participation was very important for China’s silk road initiative as its attitude will affect the decision of some of the countries to join the multi-billion dollar project. Global Times recently stated:
“India’s participation is very important to the Belt and Road initiative. It’s not only because of India’s population, labour resource and market size, but also India’s political influence on countries in South Asia and the Indian Ocean.”
The paper also stated that India’s attitude toward the Belt and Road initiative will affect these countries’ decisions if it should be a part of it.
China needs India’s cooperation on anti-terrorism, regional stability and security in building the Belt and Road venture, it said.
“India’s attitude toward the initiative is clear: supporting some part of the Belt and Road, opposing and hedging the China-Pakistan Economic Corridor (CPEC) and the Maritime Silk Route, and delaying and replacing the Bangladesh-China-India-Myanmar (BCIM) economic corridor.”
It has been 3 years since the Belt and Road project was first proposed by China and has developed the infrastructure construction and economic development in South Asia, stimulating the South Asian regional connectivity, it mentioned.
“Indian government’s stance on the initiative has changed slightly. India will hold the third BCIM working group meeting soon, which has been postponed for more than three years, and some Indian experts said they would like to see some concrete progress and put forward some concrete projects.”
China is going to state the One Belt One Road summit on May 14-15 in which leaders of as many as 28 countries are going to participate including Pakistan Prime Minister Nawaz Sharif and Sri Lankan Premier Ranil Wickremesinghe. India is yet to announce its participation in One Belt One Road summit. Will India take part in this crucial event? Share your comments below.