India key player in US' 2 infra projects in Asia; move to counter China's OBOR


Washington, May 24 (PTI): The United States has revived two major infrastructure projects in South and Southeast Asia in which India would be a vital player, a move that could potentially act as a counter to China's ambitious Belt and Road initiative.

The Trump administration has resuscitated the 'New Silk Road' initiative, first announced by then Secretary of State Hillary Clinton in July 2011 in a speech in Chennai, and the Indo-Pacific Economic Corridor linking South and Southeast Asia. India will play a significant role in both projects.

A brief outline of the two projects was made available in the administration's maiden annual budget on Tuesday, which indicated that the 'New Silk Road' project would be a public-private initiative in which India would be a key player.

The US state department said the budgetary request of its South and Central Asia will support the two initiatives: the New Silk Road (NSR) focused on Afghanistan and its neighbours, and the Indo-Pacific Economic Corridor linking South Asia with Southeast Asia.

This request will be leveraged through side-by-side collaboration with regional countries, other bilateral donors, multilateral development banks, and the private sector. It said "the importance of...the New Silk Road grows" as the transition in Afghanistan continues and the US "strives to help the Afghan people succeed and stand on their own."

The state department said it will deepen support for the objectives through "far-reaching" public diplomacy programmes.

According to James McBride of the Council on Foreign Relations, the New Silk Road refers to a suite of joint investment projects and regional trade blocs that have the potential to bring economic growth and stability to Central Asia.

"Following the surge of 30,000 additional troops into Afghanistan in 2009, which President Barack Obama's administration had hoped would lay the groundwork for complete withdrawal a few years later, Washington began to lay out a strategy for supporting these initiatives through diplomatic means," Mr McBride said.

Announcing her vision for a New Silk Road, Hillary Clinton had said in Chennai: "Turkmen gas fields could help meet both Pakistan's and India's growing energy needs and provide significant transit revenues for both Afghanistan and Pakistan. Tajik cotton could be turned into Indian linens. Furniture and fruit from Afghanistan could find its way to the markets of Astana or Mumbai and beyond."

But the New Silk Road strategy took a back seat during Barack Obama's second term when John Kerry occupied the Foggy Bottom headquarters of the state department.

Simon Denyer, the China bureau chief of The Washington Post, recently wrote that Hillary Clinton's idea never really got off the ground, and the Obama administration was criticised by experts for responding negatively to China-backed The New Development Bank.

Through the Belt and Road initiative, China aims to link itself with markets in Europe and Africa through Asian countries and the Indian Ocean. India opposes one of the projects under the initiative as it runs through Gilgit-Baltistan in Pakistan-occupied Kashmir.

The US $46 billion China-Pakistan Economic Corridor links China's restive Xinjiang region to Balochistan's Gwadar port, built with Chinese funding. The port could potentially be used as a naval outpost for the Chinese military.

  

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Comment on this article

  • Rob Stan, Udupi / US

    Wed, May 24 2017

    In future there would be two alliances in the world, one being western countries, India, gulf countries, Afghanistan, Central Asia & South East Asia & the other being China, Russia, Pakistan etc., Silk road, development of the latest fighter jet, warships have also taken these two alliances into consideration. F35 which was developed by the alliance of western countries is one of the most expensive and sophisticated fighter jet with 3 variants. This also ensures that the parts can be built to same specification and used by the members. India has a big role to play in future as a regional superpower and it has ambitions to link to the west using sea and road all the way up to Central Asia and in the east up to South East Asia.

    DisAgree Agree [1] Reply Report Abuse

  • Swamy, Mangalore

    Wed, May 24 2017

    Competition is beneficial than fighting disastrous distrucful war.

    DisAgree Agree [4] Reply Report Abuse

  • Jossey Saldanha, Mumbai

    Wed, May 24 2017

    USA, China & Pakistan are difficult to trust ...

    DisAgree Agree [10] Reply Report Abuse


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