India exaggerating concerns on CPEC, China media says
A DELEGATION LED BY NEPAL DEPUTY PM WILL ATTEND THE BELT AND ROAD FORUM IN BEIJING ON MAY 1415
of the conference in Beijing. Following this, Nepalese and Chinese officials held negotiations on issues such as free trade, currency arrangement, financial institutions and investment.
After the framework agreement is inked, Nepal will negotiate with China on various intricacies of OBOR, including connectivity, trade regime and investment. A signature initiative of President Xi Jinping, OBOR aims to enhance connectivity and cooperation between China and the rest of Asia and Europe through land and maritime routes. Beijing had sent a draft proposal on OBOR to Nepal late last year. After a month-long consultation, Nepal sent back a revised version of the draft to China.
must not “exaggerate” concerns on the China-Pakistan Economic Corridor or “overly interpret” Beijing’s military development, a state-run Chinese daily said, after Indian Army chief suggested counterencirclement of its “future adversaries”.
India worries that China was intentionally meddling in IndiaPakistan disputes, “utilising the CPEC (which runs through Pakistan-occupied Kashmir) to grant legitimacy to Islamabad’s control over the disputed region, the article in Global Times said on Monday.
“India is viewing Beijing and Islamabad as potential threats and is suspicious of One Belt and One Road initiative and CPEC,” it said. PTI