Bangladesh has come out in support of China’s ‘One-Belt-One-Road’ (OBOR) initiative, also known as the ‘Belt and Road Initiative’ (BRI). This is in absolute contradiction to India’s stand on OBOR which it boycotted on grounds of violating India’s territorial integrity as it runs through the disputed territory of Pakistan Occupied Kashmir (PoK) and because China has not been transparent leading to compromise on sovereignty.
Bangladesh defends its move saying that small countries need to overcome few limitations by weaving themselves with the rest of the world with the help of projects such as OBOR.
China’s $4 trillion OBOR initiative will span 65 countries with 70% of the world’s population. Bangladesh formally declared joining China’s OBOR initiative during the visit of Chinese President Xi Jinping in 2016. The foreign secretary of Bangladesh reportedly said Bangladesh ‘can’t remain isolated in the name of sovereignty’.