India has strong reservation over the China-Pakistan Economic Corridor, a flagship project of the connectivity initiative that is expected to figure prominently in the two- day meet.
In a strongly-worded statement issued hours before the opening of the forum in the Chinese capital, India said the connectivity initiative must be pursued in a manner that respects sovereignty and territorial integrity.
"Regarding the so-called 'China-Pakistan Economic Corridor', which is being projected as the flagship project of the BRI/OBOR, the international community is well aware of India's position. No country can accept a project that ignores its core concerns on sovereignty and territorial integrity," he said.
"Connectivity initiatives must follow principles of financial responsibility to avoid projects that would create unsustainable debt burden for communities; balanced ecological and environmental protection and preservation standards; transparent assessment of project costs; and skill and technology transfer to help long term running and maintenance of the assets created by local communities," he said.
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