Thursday, August 14, 2014
China asks India to partner on reviving Silk Road trade routes
China has invited India to join President Xi Jinping's pet project that intends to revive the ancient Silk Road trade route to help boost China's sagging exports and overall trade in the region.
"From a historical point of view India is the converging point of Maritime Silk Road (MSR) and the ancient Silk Road on land," said Gao Zhenting, councilor at the Department of International Economic Affairs, who oversees the Silk Roads projects that involve a maze of highways on land and port connectivity by sea. "For more than 2,000 years India has had very good exchanges with China through the passage of the South Silk Road."
Regarded as a highly ambitious undertaking, China's plans include the revival of the ancient Silk Road, starting from Xian and possibly to Constantinople through parts of Pakistan, central Asia and Turkey.
The second Silk Road is called the Bangladesh, China, India and Myanmar (BCIM) and the third one was the revival of the Maritime Silk Road connecting China's Fujian coast with Asia and the world.
India has expressed reservations since it runs through a disputed region.
For more of the NDTV story: ndtv.com
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