According to a report by India’s “Economic Times” on March 23, India is trying to compete with China’s “Silk Road Economic Belt Strategy” through the “Cotton Route” concept to improve its diplomacy with countries along the Indian Ocean. and economic relations.
During the three-day international conference held in India and the countries bordering the Indian Ocean, repairing maritime trade and civilization ties became a key issue. Indian Defense Minister Parrikar said that India has always advocated non-violence, but this belief still needs to be maintained by strength.
In February 2016, India will hold an international maritime parade in Visakhapatnam, a port city in eastern India. But Parrikar did not comment on whether China would be invited to attend. He said that maritime threats have not always been routine. Recently, Somali pirates are approaching India.
On March 20, Indian Foreign Minister Swaraj emphasized the importance of improving maritime security and said: “The Indian Ocean carries 1/2 of the world’s container freight, 1/3 of bulk cargo transportation, and 2/3 of oil freight. , although three-quarters of these shipments have gone to other parts of the world.” She also added: “90% of our trade volume and 90% of oil imports are realized by sea transport.”
In addition, Indian Petroleum Minister Pradhan, who served as the host of the conference, said that Indian Prime Minister Modi has clearly focused on the close trade relations, economic and cultural ties between India and the countries along the Indian Ocean.
India proposes the concept of “Cotton Route” and plans to repair relations with neighboring countries
According to a report by India’s “Economic Times” on March 23, India is trying to compete with China’s “Silk Road Economic Belt Strategy” through the “Cotton Route̶…
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