India rules out participation in China’s OBOR

New Delhi, May 13 (IANS) India on Saturday ruled out participation in China's mega One Belt One Road summit in Beijing, citing its objections to the $46 billion China-Pakistan Economic Corridor, that passes through Pakistan-administered Kashmir.

In a statement, a day ahead of the launch of the two-day summit in Beijing, India said that "Guided by our principled position in the matter, we have been urging China to engage in a meaningful dialogue on its connectivity initiative, 'One Belt, One Road' which was later renamed as 'Belt and Road Initiative'. We are awaiting a positive response from the Chinese side.

"Regarding the so-called 'China-Pakistan Economic Corridor', which is being projected as the flagship project of the BRI/OBOR, the international community is well aware of Ind'a's position. No country can accept a project that ignores its core concerns on sovereignty and territorial integrity."

(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)

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Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.

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