FOR THE THIRD consecutive time, India is set to boycott a summit of China's Belt and Road Initiative on Tuesday to highlight its stand on the sovereignty issues in the controversial CPEC, which is being laid through the Pakistan-occupied Kashmir, and the financial viability of Beijing's projects in smaller countries, official sources said.
The two-day Belt and Road Forum for International Cooperation (BRFIC) is being held by China amid criticism that the loans amounting to billions of dollars for unsustainable projects turned out to be debt traps for smaller countries like Sri Lanka, driving them into a deep economic crisis.
This year marks the completion of 10 years of the Belt and Road Initiative (BRI), the pet project of president Xi Jinping.
China held two international forums for its mega global infrastructure initiative in 2017 and 2019. India had stayed away from both the meetings.
Official sources said like in the previous two BRI conferences, India will not take part in this year's meeting either.
India is steadfast in its criticism of the BRI, especially its flagship the $60 billion ChinaPakistan Economic Corridor (CPEC) being laid through Pakistan-occupied Kashmir (Pok) overriding New Delhi's sovereignty concerns.
この記事は Financial Express Mumbai の October 17, 2023 版に掲載されています。
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この記事は Financial Express Mumbai の October 17, 2023 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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