ONE BELT AND ONE ROAD POLICY(OBOR)

 UPSC INTERNATIONAL AFFAIRS

One belt and One Road Policy(OBOR) and India's Counter.




The OBOR initiative was announced in 2013 by China’s President Xi Jinping. The ‘Belt’ refers to the ‘Silk Road Economic Belt’, which is a series of overland routes reminiscent of the Silk Road of antiquity and the late middle ages, while the ‘Road’ refers to the sea routes, which is also referred to as the 21st Century Maritime Silk Road.

The OBOR has been referred to as the Belt and Road Initiative (BRI) since 2016 due to the Chinese government’s consideration of the word ‘one’ is prone to misinterpretation. The Chinese media however still refers to it as the One Belt One Road to this day.


The objectives of the OBOR are as follows:

  1. Creation of a unified large market that makes use of both international and domestic markets.
  2. Facilitate cultural exchange and integration
  3. Enhance mutual understanding and trust of member nations that will foster an innovative environment with capital inflows, talent pool and technology database.

India’s Stand on the OBOR initiative

  • The Indian security establishment is deeply suspicious of China’s silk road initiatives.
  • Delhi’s strategic community has long objected to China’s road construction on land frontiers and port-building in the Indian Ocean as “strategic encirclement”.
  • The problem is even more compounded with the presence of the China-Pakistan Economic Corridor (CPEC). It is the presence of CPEC that actually lends credence to the “strategic encirclement” theory.
  • However, optimists feel India needs to take a fresh look. Canning the issue will be paving the way for India’s marginalization from the unfolding geo-economic Options for India

Options for India regarding OBOR

  • Firstly, the Indian Government must decide for itself whether the OBOR is a threat or an opportunity. In the case of the latter, how making use of it will largely depend on the institutional agencies the strategic objectives India is able to bring forth.
  • Improve India’s border infrastructure by refurbishing border management, building new ports. Foreign corporate entities can be collaborated with by the government in order to take up infrastructure projects abroad.
  • India needs to match the ambition to back the capacities that allow it to be a net security provider in the Indian Ocean region (Read about Indian Ocean Rim Association in the linked article.). For this to happen New Delhi has to overcome its habitual inability to take speedy decisions with respect to defence.

Advantages of OBOR for China




  1. It will help China in developing its western region, ensuring safe navigation over sea and improving strategic and economic relations with neighbouring and far-west countries.
  2. It will help China secure access to energy and mineral supplies allowing China to overcome the “Malacca Dilemma” through access to maritime facilities in the Indian Ocean, granting it an important strategic advantage
  3. OBOR will strengthen China’s presence in the Eurasian region and puts it in a commanding position over Asia’s heartland.

Potential Advantages to India

  1. It will help India’s border and outlying areas to develop infrastructure that it presently lacks.
  2. Funds from financial institutions may be more easily available and support from China and its infrastructure construction companies may also then be readily available.
  3. This project will help improve connectivity with India’s neighbors improving the economic, diplomatic, and strategic relationship.


Hello guys !!
This is Navina here. Visit my blog to get crisp contents on various stuffs!!



Comments

Post a Comment

Popular posts from this blog

DIGITAL SIGNATURE

Image
UPSC GS MAIN IMPORTANT QUESTION  DIGITAL SIGNATURE  Digital Signature a type of electronic signature which ensures the authenticity of the documents. It gives the information about the documents. It gives the information about the document creator and ensures that document is not altered or tampered. Authentication of digital signature means that the sender only knows the unique key along which any electronic record is tied. Hence, the sender cannot deny sending a message that he had sent. Digital Signature use encryption for ensuring the authentication of electronic document, which is done by password, checksum, CRC, private key encryption or public key encryption. Salient features of digital Signature: 1. Authentication of the Sender :                           It gives information about the creator of the document and thus authenticates the sender. 2. Data Integrity :                          It ensures that the content of the electronic document is not tampered. 3. Time Stamp :  
Read more

CHOLA ARCHITECTURE

Image
 IMPORTANT UPSC QUESTION : GS MAINS CHOLA  ARCHITECTURE  REPRESENTS A HIGH WATERMARK IN THE EVLOLUTION OF TEMPLE ARCHITECTURE. ENUMERATE. The Dravidian Architecture started by the Pallavas reached its high water mark and got matured at the hands of the Cholas. The Cholas refined Pallava architecture with the following notable features.                                                                                                                            ⁃ Cholas used stones instead of bricks. ⁃ They decorated the walls with sculptures and paintings od deities, kings and queen instead of lion motifs from Pallava. ⁃Temples were enclosed by decorative walls and entrance( Gopuram ). ⁃Temples built by the Cholas also had a great audience hall called Mandapa ; a deity room called Garbhgriha and pyramid like storey room called the Vimana . ⁃The temples were decorated by a beautiful Shikhara stone at the top.Each Shikara stone weighed in tonnes and had meticulous carvings on it. During th
Read more

PROTEST IN SHAHBAG SQUARE

Image
 UPSC GS MAINS IMPORTANT QUESTIONS The protest in Shahbag Square in Dhaka in Bangladesh reveal a fundamental split in society between the nationalists and Islamic forces. What is the significance for India? The Shahbag movement and the corresponding developments tell the story of two Bangladesh that co-exist. Bangladesh, the nation with two distinct mosaics: One a society comprising a vast majority of vibrant,egalatarian and secular individuals. It is the re-awakening of the social phenomenon or Renaissance if the liberation spirit has risen and protests against this from the other side of the divided political pysche has come up to assert because for them it is an existential question. The war crimes of 1971 did not only impact the victims of the crimes themselves,but the whole country.The Gono Jagoron Moncho would become political platforms to represent these grievances. Gono Jagoron Moncho came to present political calls for banning all religious political parties including Jamaat-e
Read more