Tradeoff to resolve China-India OBOR standoff

Dhaka,  Sun,  23 July 2017
Published : 20 May 2017, 18:38:42
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Tradeoff to resolve China-India OBOR standoff

Amid the standoff over the Belt and Road Forum, India and China are holding a wide range of bilateral meetings and cultural events in what seems to be a bid for striking a tradeoff.

A delegation of Indian IT firms led by the National Association of Software and Services Companies (NASSCOM) will begin a week-long visit to China, starting Monday, a PTI report from Beijing said Saturday.

The delegation comprises a number of Indian companies with proven capabilities in areas like Industry 4.0, Internet of Things (IoT) and Data Analytics.

The purpose of the visit is to realise the existing complementarities between India’s IT prowess and China s manufacturing sector and explore the possibilities for companies from the two countries to work together to co-create and develop world-class products for the global market, said a statement from the Indian Embassy in the Chinese capital.

India is also holding a two-week-long ‘Colours of India’ festival in Beijing and Nanjing to showcase a unique blend of Indian performing arts, Bollywood movies and photography exhibition.

As part of the event, a gala show was held Saturday here that included Charishnu, a dance and music presentation choreographed by Bharatnatyam exponent Leela Samson.

The Indian Council for Cultural Relations (ICCR) has deputed a delegation of 65 artists for the festival.

The festival comprises photo exhibition titled Buddhist Heritage of India, Indian film festival with the screening of five popular movies and cultural performance by Indian artists.

The India-China cultural events will be followed by International Yoga Day celebrations in the country on June 21.

The Indian Consulate of Shanghai has begun curtain-raiser events involving hundreds of Yoga enthusiasts in Wuyi county of Zhejiang province.

Also several ministerial meetings have been planned for the preparations of the BRICS (Brazil, Russia, India, China, South Africa) Summit in Beijing, close on the heels of the global OBOR meet.

These events, which were planned earlier, are now being held in the backdrop of differences between the two countries over USD 50 billion China-Pakistan Economic Corridor (CPEC) which is part of China’s mega Belt and Road initiative.

India skipped the Belt and Road Forum (BRF) held on May 14-15 due to its sovereignty concerns over the CPEC which passes through Pakistan-occupied Kashmir (PoK), says the report by India’s state news agency.

 
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