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An India-Russia corridor could be New Delhi's answer to China's OBOR

INSTC's significance might have just gone up as India expressed its reservations against OBOR

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In this photo released by Xinhua News Agency, Chinese President Xi Jinping, center, and countries' leaders and delegates attending the Belt and Road Forum pose for a group photo on stage at the China National Convention Center in Beijing (Photo: AP/P

BS Web Team New Delhi

Last Updated : May 15 2017 | 11:38 AM IST

Does India have an answer to China's 'One Belt, One Road' (OBOR) project and its contentious component, the China-Pakistan Economic Corridor (CPEC)? Only time will tell. However, India is a founding member of the International North-South Transport Corridor (INSTC), a multi-nation project to create transport and logistics infrastructure akin to OBOR.

INSTC's significance might have just gone up as India expressed its reservations against OBOR, refusing to attend China's Belt and Road Forum summit on Sunday following concerns regarding sovereignty over the CPEC. With China moving ahead and securing the endorsement of even the US, the