China Concludes Silk Forum with Development Consensus

Putin described the "One Belt, One Road" initiative to facilitate a 21st-century Silk Road, as a "timely and important proposition.in which Russian Federation will engage with active participation". Ethiopian Prime Minister Hailemariam Desalegn and Kenya's president Uhuru Kenyatta are among the leaders in attendance.

He said journey of development is underway from Quetta to Khyber Pakhtunkhwa and we should give value to economic development in the country.

India has been the most openly critical voice against the $1 trillion scheme, largely because one of the key projects passes through Pakistan and the disputed Kashmir region.

As well as the corridor through Pakistan, India is anxious more broadly about China's economic and diplomatic expansion through Asia, and in particular across countries and waterways that it considers to be its sphere of influence.

"We are pioneers in mining and metals, and produce materials essential to human progress which are also needed for the roll-out of the Belt and Road through infrastructure". Here are five things to watch for next with the belt and road plan.

"I think these initiatives by China have already made a clear response to the Indian side", Hua said.

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Beijing is willing to maintain communication with Rome on major worldwide issues, and hopes Italy can play a positive role within the European Union in order to safeguard development of China-EU ties, he said.

He repeated his call for multilateral trade, describing his initiative as a force for peace in "a world fraught with challenges". Hua said when asked for her reaction to Bagley's remarks a day before the two-day Belt and Road Forum. "It is not directed at any third parties, not relevant to disputes over territorial sovereignty and does not affect China's position on the Kashmir issue", China's Foreign Ministry said in a statement.

The president emphasized that the strategy presents an open and inclusive platform for development, in which all countries can participate, contribute and benefit equally. Secondly, it also allows China to encircle India.

At the opening of the meeting on Sunday, Xi pledged to pump an extra $124 billion into the China-bankrolled project, which involves a huge network of ports, railways, roads and industrial parks.

"Everything that is being proposed is part of the trend of modern development and is very much needed and in demand to a high degree", Putin said at the forum. "This is why the initiative is so closely linked to the United Nations program of action aimed at achieving stable development and lasting peace", Guterres said in an interview with CGTN channel.

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