SCO Meet: India snubs Belt and Road, China accents 'regional peace' amid border scuffles; Read key updates | Mint
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Business News/ News / World/  SCO Meet: India snubs Belt and Road, China accents 'regional peace' amid border scuffles; Read key updates
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SCO Meet: India snubs Belt and Road, China accents 'regional peace' amid border scuffles; Read key updates

India did not express support for China's Belt and Road Initiative at the SCO summit, making it the sole country to withhold endorsement of the project. Chinese President Xi Jinping emphasized the importance of protecting ‘regional peace’.

The Chinese leader said to 'promote political solutions to pressing international and regional issues, building a firm regional security barrier'. (PTI)Premium
The Chinese leader said to 'promote political solutions to pressing international and regional issues, building a firm regional security barrier'. (PTI)

As India did not express support for China's Belt and Road Initiative (BRI) during the declaration issued at the conclusion of the Shanghai Cooperation Organisation (SCO) summit, making it the sole country to withhold endorsement of the project, Chinese President Xi Jinping emphasized the importance of protecting "regional peace".

Prime Minister Narendra Modi chaired the summit, which was attended by Chinese President Xi Jinping, Russian President Vladimir Putin, Pakistan Prime Minister Shehbaz Sharif, and various other leaders from the participating countries.

Xi expressed opposition to protectionism during his address at a virtual summit of the SCO, according to state news agency Xinhua. Xi urged for collaborative measures to safeguard regional peace and ensure shared security.

Earlier this month, External Affairs Minister S Jaishankar described China as an important neighbouring country to India and underscored that “the state of the border will determine the state of the relationship. And the state of the border today is still abnormal."

The Chinese leader said to "promote political solutions to pressing international and regional issues, building a firm regional security barrier", CCTV said.

Xi stressed," China would persist in the correct direction of economic globalisation, oppose protectionism, unilateral sanctions and extension of national security concepts. Achieving long-term regional peace and stability is our common responsibility," CCTV noted.

No means ‘NO’

As per media reports, India's opposition to the BRI is largely attributed to the fact that the China-Pakistan Economic Corridor (CPEC), a crucial component of the project, passes through Pakistan-occupied Kashmir (PoK). 

In July 2022, Pakistan and China, during a CPEC Joint Working Group (JWG) meeting had decided to invite interested third countries to join the China-Pakistan Economic Corridor (CPEC). However, Beijing and Islamabad's bid to extend the CPEC was opposed by India.

Delhi said that the extension plan could not be approved because such actions would be "inherently illegal" and "unacceptable" as the project passes through Pakistan-occupied Kashmir (PoK).

The arm of the BRI project that connects mainland China to the Arabian Sea stretches from Kashgar in China's Xinjiang Uighur Autonomous Region to Gwadar Port in southwestern Baluchistan, Pakistan. This infrastructure project passes through PoK, specifically in the region of Gilgit Baltistan. It continues its route, spanning the entire length of Pakistan from north to south, before finally reaching the Arabian Sea.

The BRI aims to enhance connectivity and promote economic cooperation among participating countries, and this particular segment plays a crucial role in linking China's western regions with the strategic port of Gwadar, providing a maritime outlet for China's trade activities.

During the summit, which was led by Prime Minister Modi, other leaders including Chinese President Xi Jinping, Russian President Vladimir Putin, and Pakistan Prime Minister Shehbaz Sharif participated.

The declaration issued during the summit placed significant emphasis on the situation in Afghanistan. The member states agreed that the prompt resolution of the Afghan situation is crucial for maintaining and enhancing security and stability within the SCO region.

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ABOUT THE AUTHOR
Mausam Jha
A journalist covering International Relations, and Business.
Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Check all the latest action on Budget 2024 here. Download The Mint News App to get Daily Market Updates.
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Published: 05 Jul 2023, 12:04 PM IST
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