China Concludes Silk Forum with Development Consensus


Xi said China's Belt and Road plan would be and open to all.

"I do not know what the spokesperson (of MEA was) trying to say". What kind of dialogue is meaningful dialogue? Since jettisoning the Trans-Pacific Partnership - the Obama administration's trade treaty meant to insinuate the USA at the center of Asian trade - the Trump administration has offered no answer to One Belt, One Road.

PM Nawaz said, "As an old friend, it is a matter of enormous pleasure for him, government and the people of Pakistan to witness the success of this event as well as the transformational potential of OBOR for the peace, progress and prosperity of the people of the world".

"The main reason behind India staying out of the forum is the China-Pakistan Economic Corridor, part of which passes through the disputed territory of Kashmir", Kulkarni told the daily.

China welcomes Italy to participate in the construction of the Belt and Road, and supports cooperation between the two countries in port management, shipping as well as ship building, he said.

"And ultimately how much political sovereignty is sacrificed, and what is the risk to completion of projects in the event of a disorderly slowdown in the domestic Chinese economy", said the USA investment firm specialising in frontier and illiquid markets. "Our ideas and actions are clear to all, and you can see that from the response from the global community", she said.

China's ambassador to India, Luo Zhaohui, told an Indian military think-tank in Delhi last week that the Belt and Road initiative was good for both countries and fitted into India's "Look East" policy of strengthening ties with southeast and northeast Asia.

Yu stressed that cooperation with global organizations to assist other developing nations is a priority of China's foreign aid and part of its efforts for South-South cooperation.

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"We made clear that, for Europe, the Belt and Road initiative can only be a success if it's based on transparency and co-ownership", said one high-level European Union diplomat.

"We always follow the principle of extensive consultation, contribution and shared benefit", she said, referring to Chinese President Xi Jinpings remarks at the Summit that benefits from the venture should be shared by all.

On the eve of the OBOR forum, Indian issued a statement saying it can not "accept a project that ignores its core concerns on sovereignty and territorial integrity". "We appreciate the tremendous efforts of all involved and recognise the clear the leadership that China has shown to develop this key initiative".

The CPEC is not about "conflict" with any side but for regional peace and prosperity, she said.

"We are of firm belief that connectivity initiatives must be based on universally recognised worldwide norms, good governance, rule of law, openness, transparency and equality".

Pakistan and China launched a comprehensive cooperation plan under the BRI when President Xi visited the South Asian country in 2015. The Global Times went one step further, saying humankind has often been distracted from focusing on development and that the Belt and Road Initiative instilled the world economy with a new imagination.

Indian foreign ministry spokesman Gopal Baglay said no decision had been taken on whether an Indian government delegation would attend the meeting.

"It was a successful, productive and fruitful event", she said.