Indian absence from the pecuniary connectivity project has responded with some serious insecurity.
Sushma Swaraj, Foreign Minister of India |
India a powerful state of the region has given out its
statement regarding China’s greatest ever foreign project that will connect
different regions of the world to the Asian market. Similarly, Chinese foreign
policy goals are meant to be met alongside economic goals with this massive
project.
India remained absent when Beijing hosted international
forum of One-belt, One-road project.
Explicitly, Indian Foreign Ministry
released response over questions regarding absence. The statement pointed out
following principles to be followed with infrastructural projects having such
sort of investment and ambitions.
Ø
Norms , rule of law and good governance must be
followed as recognized universally,
Ø
Openness, tranquility and equality should be
practiced,
Ø
Financial responsibilities should be followed to
avoid burdens on communities,
Ø
Transparency regarding the costs of project,
Ø
Skill and technological assistance should be
provided to the other areas of regions,
Ø
The project must be pursued and completed that
it may not harm the sovereignty and territorial integrity of other states,
Ø
Ecological and environmental protection must be
honored.
India strongly believes that CPEC do not meet the mentioned
criteria. Additionally, the Minister said that his country will not attest any
project that is going to harm its territorial integrity and sovereignty.
Similarly, the country has repeated accusations on several occasions against the
project. China aims to connect its western side of country with deep-water
Gawadar Port. The only pathway to perform such action is through the Karakorum
Highway: the road built in Pakistan with the help of China and officially
opened in 1979.
Gawadar Port is ready to take off towards prestige |
Specifically, the highway runs through Gilgit Baltistan,
which was earlier known as Northern Areas. The territory was originally a part
of princely state of Jammu & Kashmir. Jammu & Kashmir is still holds a
controversial status between India and Pakistan yet, some part of it (known as
Azad Kashmir) is administered by Pakistan.
The territorial conflict explains the objection to CPEC, but
India’s statement regarding the financial stability also holds an important
concern.
Meanwhile, in Sri Lanka, China has assisted massively in
infrastructural projects. Surprisingly, former Sri Lankan Government secretly
negotiated regarding the investments and now the Sri Lankan debts payable to
China are increased up to $8 Billions. Identically, Sri Lanka could pay the
bills so it had to swap Hambantota Port in exchange. Consequently, this led to
dissidence in Sri Lanka.
India is a strong believer that China has more political
ambitions than economic. Indian Government is not happy with the price-tag
adding that this is not a pleasant for the world.
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