One Belt One Road -OBOR
This is a proposed ambitious project of China. Through this project, China plans to connect about 60 countries in Asia-Africa and Europe, while creating a network of its trade routes. ,
There are two components to this project
Silk Road Economic Belt: This is a mega land based project. Under this project, a holistic effort is being made to build infrastructure, expand cultural exchange and trade in the countries of Asia and Europe.
Maritime Silk Road: This is the maritime route.Its goal is to connect the coastal countries of South east Asia, Oceania and the North. Through this, South China is to develop multiple port infrastructure located in the South Pacific Ocean and the Indian Ocean.
The project is a combination of China's economic and geo-strategic objectives. This reflects China's ambition to play a bigger role in global affairs.
Through this, China where the additional capacity of its industries While this will enable the Indo-Pacific region to be strategic and strategic.Visually, China will be focused.• The project will allow China to establish himself as a soft power in the region, where he will find an alternative route to transit oil exports to Hermuz and Malacca (Choke Points).
OBOR was touted as a response to the US-focused Trans Pacific Partnership (TPP), although the US has announced its withdrawal from the project a few days ago.
China has considered this project of great economic importance to the world.Vala and called it the greatest project of the century (Project of the century) is presented.
According to analysts, it is aimed at China's political control.It is a futuristic project that will help China's newly colonized region in the region.Shows ambitions.Indian interest
India was absent in Beijing's conference on OBOR. India made its concerns public by staying away from this conference. India considers one of OBOR's major projects, the China-Pakistan Economic Corridor (CPEC), a violation of its sovereignty and territorial integrity. This corridor passes through the Gilgit-Baltistan region of Pakistan-occupied Kashmir.India's side is that China has not only neglected India's sovereignty, but also lacks transparency on several points in its project.According to analysts, such a project could put smaller countries in a debt cycle. It will also affect the ecology of the area and the life of the local community. It is noteworthy that Bhutan has also not sent its delegation to this conference.
US and Japan have not joined the OBOR project, have their delegations in the conference related to this project. Some analysts believe that India will avoid the benefits associated with this project by boycotting this conference. Many future economic benefits from this step.
By joining this project, India's Make in India and Digital India projects will get a boost.India being a member of Shanghai Cooperation Organization and Asian Infrastructure Investment Bank may face many difficult situations, as these organisations and institutions have wide participation in this project.
In principle, except India and Bhutan, all countries of South Asia are part of the OBOR project. This already includes the pre-conceived BCIM (Bangladesh, China, India,Myanmar) and Asian Highway projects. Given the deep distrust with China and its ambitions in the region, India seems to be left out of the project, though the option of partly joining it should be kept open.
