India should adopt more pragmatic attitude towards OBOR

India should adopt more pragmatic attitude towards OBOR

"It should also be noted that New Delhi can not prevent the growth of the OBOR's (One Belt, One Road) influence". It includes 21st century Maritime Silk Road to connect China with different ports in the world as well as the United States dollars 46 billion CPEC and the Bangladesh, China, India and Myanmar Economic Corridor (BCIM). "If India wants to exclude itself from the OBOR at a time when the initiative is receiving widespread support from the global community, India will end up simply watching the rise of China's worldwide reputation", the nationalistic tabloid, Global Times, said.

Stating that more countries and global organisations welcome the OBOR and see joining it as an opportunity to promote economic growth, it said India should handle the OBOR issue more carefully.

It includes the 21st Century Maritime Silk Road to connect China with ports across the world as well as the Dollars 46 billion China-Pakistan Economic Corridor (CPEC) - which passes through the Pakistan-occupied Kashmir - and the Bangladesh, China, India and Myanmar Economic (BCIM) corridor. The dispute over Kashmir between India and Pakistan makes New Delhi habitually vigilant against any possibility of large-scale foreign investment flowing into the region, but it is necessary to learn to distinguish activities between normal commercial investment and ones that could violate India's sovereignty.

"However, despite concerns from India, broader support has been given to the OBOR from the global community".

"If New Delhi is unable to persuade other nations to abandon the OBOR, one practical approach is to get involved in the initiative in a bid to promote the development of the OBOR in a direction that is favourable to India", the article said.

Highlighting various aspects of the Belt and Road initiative, Executive Director of the Kathmandu School of Law Yubaraj Sangroula said that Nepal will be the largest beneficiary of the initiative if it signs the cooperation agreement with China.

China today said it will "actively move forward" and give a global push to its ambitious Silk Road initiative after a UN Security Council resolution called for its implementation amid India's concerns over a part of the project that passes through the Pakistan-occupied Kashmir.

The initiative, proposed by China in 2013, aims to build a trade and infrastructure network connecting Asia with Europe and Africa along the ancient trade routes. "Hopefully India will wake up to the benefits and adopt an open attitude toward joining the initiatives", the daily said. Beijing claims it has rounded up at least 100 countries in support of the multi-billion-dollar intercontinental connectivity mission, including Pakistan, Bangladesh and Sri Lanka.