New Delhi: Prime Minister Narendra Modi on Monday took a veil in the belt and road initiative of China as he said that connectivity loses its trust and means if it bypasses sovereignty.Speaking at the Shanghai Cooperation Organization Summit in Tianjin, China, PM Modi pointed to SCO Charter and said that connectivity should always respect sovereignty and regional integrity.
PM Modi said, “Connectivity should always respect sovereignty and regional integrity – this is a fundamental principle of SCO Charter. Connectivity that bypasses sovereignty, loses faith and meaning,” PM Modi said.“India strongly admits that strong connectivity not only ensures business, but also trust and development. That is why we are working on the Chabahar and International North-South Economic Corridors, which will increase connectivity to Afghanistan and Central Asia.”India has boycotted China’s belt and road initiative to highlight its attitude on the issues of sovereignty in the controversial CPEC, which is being placed through Pakistan -occupied Kashmir, and has financial viability of Beijing projects in small countries.Called in Chinese called “One Belt, One Road”, Belt and Road initiative began as a program for Chinese companies, which began as a program for the construction of transportation, energy and other infrastructure abroad funded by Chinese Development Bank loans. The declared target was to develop trade and economy, which was with the rest of the world by improving China’s connections in the 21st century version of China from China to the Middle East and Silk Road Trading routes in Europe.The XI unveiled the concept in 2013 on trips to Kazakhstan and Indonesia, and took shape in the coming years, running the construction of major projects by rail in Kenya and Laos to power plants in Pakistan and Indonesia. China became a major financer of development projects under BRI equivalent to the World Bank.
