China strikes back on Arunachal ABD Loan

[warlock21]

I think India should not had given 10 billion USD to IMF..... otherwise we don't require this loan even.

 

[blueoval79]

India denies any hiccups on ADB country loan for Arunachal


NEW DELHI: Clearing the air on the $2.9 billion country plan loan sanctioned to India by the Asian Development Bank (ADB), Foreign Secretary Nirupama Rao said there was no pending issue and that the loan has been approved. The loan has a total approval of the members. Officials confirmed that there was no mention of disclosure agreement.

The confusion erupted after an Indian English daily reported that China has won a vote on a "disclosure agreement," which prevents the ADB from formally acknowledging and notifying Arunachal Pradesh as part of India.

MEA sources confirmed that there is no mention of disclosure agreement and that the country partnership strategy loan for India is endorsed by the Asian Development Bank.

China had raised objections to the plan because it included 60-million-dollar worth of projects in Arunachal Pradesh. It argued that ADB cannot fund projects in "disputed areas" like Arunachal Pradesh.

But On June 16, India had successfully isolated China - the entire ADB Board except Beijing had voted in India's favour and the loan was sanctioned.

MEA sources further explained that while China may have a position on Arunachal Pradesh, the ADB has not hesitated to approve the country loan to India.

Foreign Secretary Rao also blamed the media for drumming up the Chinese incursion issue and echoed the Prime Minister and the Army Chief's views that there has been no significant rise in incursions from the Chinese side.

When asked whether the Prime Minister had taken up the incursion issue with the top Chinese leadership, Foreign Secretary Rao further said mechanisms are in place and have proven effective over time.

India denies any hiccups on ADB country loan for Arunachal- Finance-Economy-News-The Economic Times

 

[idune]

AP is not disputed. China making claims on it doesn't make it a disputed site.

You are correct that AP is not disputed, because india does not have any legal basis or connection to AP. India inherited illegal british occupation of AP and now india should just leave the area.

 

[boxer_B]

You are correct that AP is not disputed, because india does not have any legal basis or connection to AP. India inherited illegal british occupation of AP and now india should just leave the area.

BD inherited illegal british occupation of E. PAK and now BD should just leave the area.

 

[idune]

This latest Chinese move is even more significant because this not only questioning loan but also indian illegal claim over AP in financial institution like ADB.

Offcurse indian govt will claim nothing serious in front of indian crowd but privately these babus are pulling their dhotis for fight. Hopefully China will take step to clean ADB like org by removing indian parasites working inside ADB and influencing these loan decisions.

 

[R.A.W.]

This latest Chinese move is even more significant because this not only questioning loan but also indian illegal claim over AP in financial institution like ADB.

Offcurse indian govt will claim nothing serious in front of indian crowd but privately these babus are pulling their dhotis for fight. Hopefully China will take step to clean ADB like org by removing indian parasites working inside ADB and influencing these load decisions.

Indian parasites are everywhere. From lobbying into American politics to each multinational. Where all you would like to remove them?

Dont worry about Indian parasites. As claimed by you these parasites are your government also. care about them or you want that also to be done by chinese.

And dont worry Indians have enough funds that if we do not get loan also we can take care of the project on our own.

 

[boxer_B]

This latest Chinese move is even more significant because this not only questioning loan but also indian illegal claim over AP in financial institution like ADB.

Offcurse indian govt will claim nothing serious in front of indian crowd but privately these babus are pulling their dhotis for fight. Hopefully China will take step to clean ADB like org by removing indian parasites working inside ADB and influencing these load decisions.

Cant you read above article? Disclosure agreement has already been debunked.

 

[oct605032048]

the point is not about the little amont of money, it is about how the world view the disputed territory.