India eyes Asean pivot to counterbalance China's One Belt One Road
NEW DELHI: Amid fresh controversy over China's One Belt, One Road (OBOR) projects in south Asia, India will next week host the first ever Asean-India Connectivity Summit with help, not surprisingly, from Japan, which has emerged as the linchpin of India's Act East Policy.
The summit, which will be held on December 11-12, has secured participation from all 10 Asean nations, with Vietnam and Cambodia likely to be represented at the ministerial level. Japan will be the only country outside of Asean to participate in the summit, which aims to enhance economic and industrial relations between India and Asean or the Association of Southeast Asian Nations.
The Asean-India Connectivity Summit, which will also seek private partnership, is important for India and Japan as they seek to counterbalance China's OBOR that has often been accused of following exploitative debt financing practices.
Xrayman -Location-5 hours ago
Master stroke against the chinese who are feeling isolated and dont trust the porkis.
Guru Prasad-India-5 hours ago
good initiative !!
Satnair67-5 hours ago
In the event of non co-operation from China, India should pull out of BRICS and pull out of the Bank which it heads now.
Vinod Varma-5 hours ago
This is great news. Best wishes for the success.
Dean-traveller-5 hours ago
China has his concerns and benefits from obor. India should look into its own interest before taking initiative. only to compete with China if India is pivoting ASEAN it will be of no use but rather become a headache.
ensure India's interests are met in ASEAN.
Ramanujam Thatta-3 hours ago
Excellent move. The Asean should also aggressively promote non exploitative development in Africa. Indiacan take a big lead there.
Andy L-Telanagana-1 hour ago
Long overdue, we needed this 50 years back but then how can we expect we have corrupt leaders who work for other countries.