China explores regional security framework with Asian nations

Image
Press Trust of India Beijing
Last Updated : Apr 10 2014 | 2:35 PM IST
Embroiled in territorial disputes with its neighbours, China today asked Asian countries to come together to set up a regional security framework to bring peace and development in the region.
Chinese Premier Li Keqiang said Asian nations should build consensus, make active efforts and jointly fulfil their due responsibilities to achieve peace and stability in Asia.
"We should actively explore the establishment of a regional security cooperation framework in Asia," Li said at the opening ceremony of the 2014 annual conference of the Boao Forum for Asia (BFA) held in south China's Hainan Province.
"We should promote security dialogue and consultation, strengthen cooperation on non-traditional security issues, including disaster management, maritime search and rescue, counter-terrorism and combating trans-national crimes," he said.
Prime Minister Nawaz Sharif represented Pakistan at the meeting, which was also attended by Indian ambassador to China Ashok K Kantha besides Indian businessmen including former Tata group chief Ratan Tata.
Li said China is ready to fast-track the setting up of Asian Infrastructure Investment Bank to boost development.
"China is ready to intensify consultations with relevant parties in and outside Asia on the preparations for the Asian Infrastructure Investment Bank and hopes that the bank can be officially launched at an early date," he said.
Li said China will support initiatives that help strengthen maritime cooperation among the regional countries.
However, Beijing is firm in its resolve to uphold its territorial sovereignty and will respond to provocations that undermine peace and stability in the South China Sea, he said.
Beijing is locked in maritime disputes with Tokyo over a disputed island chain in the East China Sea known as Daioyu in China and Senkaku in Japan.
And it's ties are strain with Philippines, Malaysia, Vietnam and Brunei over the sovereignty of South China Sea while border disputes plague the Sino-India relations.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 10 2014 | 2:35 PM IST

Next Story