Skip to main content

At G7 summit, India says will study US plan to counter China`s Belt and Road Initiative


Sidhant Sibal Jun 13, 2021, 23:51 PM IST,

At G7 summit, India says will study US plan to counter China's Belt and Road InitiativeIndia said that it will study US President Joe Biden`s global infrastructure initiative proposal `Build Back Better` which was announced at the G7 summit as an alternative to China`s BRI.

New Delhi: Prime Minister Narendra Modi on Sunday spoke on two sessions at the G7 outreach summit, the initiative is seen as a potential jolt to Chinese President Xi Jinping`s pet project Belt and Road Initiative (BRI). 


India said that it will study US President Joe Biden`s global infrastructure initiative proposal 'Build Back Better' which was announced at the G7 summit as an alternative to China`s BRI.


Senior official of Ministry of External Affairs (MEA) P Harish said, "On the specific question of joining `Build back better for the world`, I can confirm that relevant agencies of the government of India would study them and would engage with them probably at the later stage."



Under this plan financial and technological help will be provided to bridge the over $40 trillion-infrastructure need, mainly in the developing world which has been worsened by COVID-19. It is also expected to create local employment.


At the session of "Open Societies and Open Economies", PM Modi was the lead speaker, and a joint statement on "open societies" with leaders India, South Africa, South Korea, and Australia, and G7 was released.


He highlighted India's "civilisational commitment" to democracy and called for collective action when it comes to the issue of climate change.



"As the world’s largest democracy, India is a natural ally for the G7 and Guest Countries to defend these shared values from a host of threats stemming from authoritarianism, terrorism and violent extremism, disinformation and infodemics and economic coercion", MEA's Additional Secretary(ER) P. Harish said at a virtual presser.


On climate change, PM Modi pointed out India's achievements and that it is the only G20 country on track to meet its Paris Commitments. He called on G7 grouping to meet the "unfulfilled promise" of $100 billion annually in climate finance as "this challenge cannot be addressed in silos".


This is the second time PM Modi has participated at the G7, the last was in 2019 under the French chairmanship. India was invited last year by US President Donald Trump for the G7 but the meet was suspended due to the COVID-19 crisis.


PM Modi listed India's leadership on climate change via International Solar Alliance and CDRI or Coalition for Disaster Resilient Infrastructure. The India-led initiatives have seen an increase in global membership. He also pointed out the "revolutionary impact of digital technologies" on "social inclusion and empowerment in India" via Aadhaar, DBT (Direct Benefit Transfer), and JAM (Jan Dhan- Aadhaar- Mobile) trinity.


On Saturday he had addressed the session on health proposing the mantra of ‘One Earth, One Health’. He sought the support G7 nations for India and South Africa COVID-19 vaccine patent waiver at the WTO. Last week, the consensus was achieved on the issue with New Delhi calling for early conclusion of text-based negotiation for the practical implementation of the proposal.


PM's engagement saw resonance as well, with Chancellor Angela Merkel backing his mantra on health, South African President Cyril Ramaphosa, and Australian PM Scott Morrison extending support for covid vaccine patent waiver, and French President Macron called for on India to lend its expertise as an important hub of vaccines globally.


As part of growing engagement with the grouping, this time India was engaged at the ministerial and working levels also


https://zeenews.india.com/india/at-g7-summit-india-says-will-study-us-plan-to-counter-chinas-belt-and-road-initiative-2368907.html

Comments

Popular posts from this blog

SSG Commando Muddassir Iqbal of Pakistan Army

“ Commando Muddassir Iqbal was part of the team who conducted Army Public School operation on 16 December 2014. In this video he reveals that he along with other commandos was ordered to kill the innocent children inside school, when asked why should they kill children after killing all the terrorist he was told that it would be a chance to defame Taliban and get nation on the side. He and all other commandos killed children and later Taliban was blamed. Muddassir Iqbal has deserted the military and now he is  with mujahedeen somewhere in AF PAK border area” For authenticity of  this tape journalists can easy reach to his home town to interview his family members or   ISPR as he reveals his army service number” Asalam o Alaikum: My name is Muddassir Iqbal. My father’s name is Naimat Ali. I belong to Sialkot divison (Punjab province), my village is Shamsher Poor and district, tehsil and post office  Narowal. Unfortunately I was working in Pakistan army. I feel embarrassed to tell yo

CPEC Jobs in Pakistan, salary details

JOBS...نوکریاں چائنہ کمپنی میں Please help the deserving persons... Salary: Salary package in China–Pakistan Economic Corridor (CPEC) in these 300,000 jobs shall be on daily wages. The details of the daily wages are as follows; Welder: Rs. 1,700 daily Heavy Duty Driver: Rs. 1,700 daily Mason: Rs. 1,500 daily Helper: Rs. 850 daily Electrician: Rs. 1,700 daily Surveyor: Rs. 2,500 daily Security Guard: Rs. 1,600 daily Bulldozer operator: Rs. 2,200 daily Concrete mixer machine operator: Rs. 2,000 daily Roller operator: Rs. 2,000 daily Steel fixer: Rs. 2,200 daily Iron Shuttering fixer: Rs. 1,800 daily Account clerk: Rs. 2,200 daily Carpenter: Rs. 1,700 daily Light duty driver: Rs. 1,700 daily Labour: Rs. 900 daily Para Engine mechanic: Rs. 1,700 daily Pipe fitter: Rs. 1,700 daily Storekeeper: Rs. 1,700 daily Office boy: Rs. 1,200 daily Excavator operator: Rs. 2,200 daily Shovel operator: Rs. 2,200 daily Computer operator: Rs. 2,200 daily Security Supervisor: Rs.

A ‘European Silk Road’

publication_icon Philipp Heimberger ,  Mario Holzner and Artem Kochnev wiiw Research Report No. 430, August 2018  43 pages including 10 Tables and 17 Figures FREE DOWNLOAD The German version can be found  here . In this study we argue for a ‘Big Push’ in infrastructure investments in greater Europe. We propose the building of a European Silk Road, which connects the industrial centres in the west with the populous, but less developed regions in the east of the continent and thereby is meant to generate more growth and employment in the short term as well as in the medium and long term. After its completion, the European Silk Road would extend overland around 11,000 kilometres on a northern route from Lisbon to Uralsk on the Russian-Kazakh border and on a southern route from Milan to Volgograd and Baku. Central parts are the route from Lyon to Moscow in the north and from Milan to Constanţa in the south. The southern route would link Central Europe with the Black Sea area and