China evokes Panchsheel to address India's concerns over CPEC

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Ahsan Iqbal, rubbishing rumours and apprising the business community of the facts about CPEC, said that Long-Term Plan (LTP) for China-Pakistan Economic Corridor (CPEC) project had been approved by the government and Chinese government would also approve this in coming days. CPEC is between Islamabad and Beijing and we suggest India to not drag Kashmir into it", Zhanwu said in a series of tweets.Later at a news conference held at a hotel in Kolkata, he said, "We have noted the stand taken by some officials from India.

Ms. Hua stressed that "We would like to follow the five principles of coexistence in developing friendly relations with other countries, including our efforts in promoting regional connectivity".

Mamata Banerjee Mamata BanerjeeCONSUL GENERAL of the People's Republic of China in Kolkata Ma Zhanwu on Wednesday said they are still looking forward to Chief Minister Mamata Banerjee's visit to China. However, there were reports that Ministry of External Affairs had opposed it and the visit was postponed.

The first principle of Panchsheel enunciated by India and China in 1954 speaks of "mutual respect for each other's territorial integrity and sovereignty".

A top Chinese diplomat today said his country would like India to look beyond mutual differences and join its ambitious Belt and Road Initiative in interest of the development of both countries.

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India has repeatedly indirectly criticized one of China's flagship policy programs in a move that could worsen bilateral ties between the Asian heavyweights.

Separately, a speech by former Prime Minister Jawaharlal Nehru during the Asian Prime Ministers Conference in Colombo had also cited Panchsheel as the touchstone of peaceful global relations. "Regarding the issue of Kashmir which the Indian side is concerned about, we have been stressing that the Belt and Road is a cooperation initiative for the common development and prosperity of the region".

India even skipped China's high-profile Belt and Road Forum last week.

On Tuesday China had said that its "doors will always remain open" for India's participation in the BRI, notwithstanding New Delhi's decision not to participate in a two-day brainstorming forum that had concluded the previous day.