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Sunday, April 28, 2019

‘One Belt, One Road’ initiative not China’s plan to dominate, says Dr M

Dr Mahathir Mohamad attending the 2nd Belt and Road Forum for International Cooperation in Beijing. (Bernama pic)
BEIJING: The “One Belt, One Road” (Obor) initiative by China is a joint development plan with participating countries and not a strategy to dominate, said Prime Minister Dr Mahathir Mohamad.
He said he now has a clearer perspective of the development plan and supported it as it would benefit the country.
“We feel that the OBOR initiative is not a domination plan by China, with countries ending up being controlled by China.”
He said this to reporters at the end of his five-day visit to China to attend the second Belt and Road Forum for International Cooperation (BRF), which ended yesterday.
The international forum was attended by 37 world leaders and 5,000 representatives from 150 countries.
Mahathir also said that he had initially thought that Obor was China’s attempt to dominate Southeast Asia as the trade passage for the project includes the South China Sea and the Straits of Melaka.
However, during the forum, he saw that the initiative was a cooperative effort to develop participating countries via infrastructure development and funding from banks.
“Previously, there were other development plans by developed countries to create a world without borders and free trade, including the Trans-Pacific Partnership.
“They (the developed countries) made the proposals and asked us to accept them.
“This is not like that. The forum attendees are from small countries and they are sitting with China which has a 1.4 billion population.
“They sit together, at the same level, and talk about how to develop infrastructure projects.”
Mahathir said the forum was attended by senior leaders from all around the world, including Spain, Italy and even Britain, which had sent the Chancellor of the Exchequer, Philip Hammond. - FMT

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