Proceed with Caution: India’s Approach to China’s One Belt One Road and Other Cooperation Ideas in the Region
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India’s approach to the Chinese One Belt One Road (OBOR), now called the Belt and Road Initiative (BRI), and other connectivity-related cooperation ideas in the region are not uniform despite the economic advantages some of these projects offer. India appears to view such projects to a significant extent through the prism of geostrategic and security interests. Economic considerations appear to sometimes play a secondary role. This understanding of India’s stance on such projects explains its reluctance to be part of the BRI, but supports among others the Bay of Bengal Initiative for Multi-sectoral Technical and Economic Cooperation (BIMSTEC), Bangladesh-China-India-Myanmar Economic Corridor (BCIM), International North-South Transport Corridor (INSTC) and the Mekong Ganga Initiative.