WEF 2018: Prime Minister Narendra Modi today talked about the top three challenges faced by the world and also India's ideological position on development and sharing prosperity with the rest of the world. These problems are climate change, terrorism, and the trend of reverse globalisation. Though the PM didn't directly name Pakistan or China, his speech nevertheless raised two issues\u00a0that are often linked to the two countries. First, the distinction between "good" and "bad" terrorism." "The second biggest threat to the world is terrorism In 2016, over 25,000 people were killed in terror attacks and people lost their lives in 77 countries that form around 40% of the UN membership," Modi said in the historic speech that was interspersed with many Sanskrit 'slokas', which\u00a0define the idea of India in its true sense. Along with Climate change, the PM said terrorism was the grave concern before the world. Terrorism is dangerous but what is equally dangerous is the "artificial distinction" made between "good terrorist" and "bad terrorist", he said. Talking about India's ambition in the present era, Modi told the global business and political leaders' gathering, "Friends, India has not kept any ideological, geographical ambition. We don't believe in the exploitation of any country but to work with that country for its development. The result of India's thousands of years of diversity and peaceful co-existence is that we believe in the multi-cultural world and multi-polar global order." "India has proven that all disputes and differences can be erased by democracy, coordination, harmony and communication. Not only this, a predictable, stable, transparent and progressive India will continue to be the good news in an otherwise state of uncertainty and flux. An India where enormous diversity exists harmoniously will always be a unifying and harmonising force," he added. Modi's statement on India's ambition is significant, especially at a time when China is trying to spread its footprints through what is being seen as a new kind of imperialism. The most talked about Chinese project is the 'Belt or Road Initiative (BRI), also referred to as 'One Belt, One Road (OBOR)' initiative. The international media had dubbed the BRI as "Global commerce on Chinese terms." India was the only leading country of the world which had not supported the BRI Summit in China last year and also not send its delegates. Apparently, Beijing was not happy with the Indian gesture. Watch: Narendra Modi's speech at World Economic Forum 2018 in Davos India has legitimate concerns against Chinese BRI. One of the flagship project with of BRI, China-Pakistan Economic Corridor (CPEC), passes through the Indian territory illegally occupied by Kashmir. For the projects also, it is believed that Pakistan may end up as a Chinese colony in the coming decades because of the initiative. The Indian Express' contributing editor on foreign affairs, C Raja Mohan had argued in an article last year that OBOR was \u201cbreathtaking in scope\u201d but not \u201cunprecedented\u201d. \u201cThis is what the British Raj did through the 19th century \u2014 opening markets, building new trade routes, projecting power from the Suez to Shanghai, setting up alliances and protectorates that turned the Indo-Pacific into an expansive sphere of influence, controlled from Calcutta,\u201d he had said. Even, Pakistani daily Dawn had published exclusive details of the project's aims to be achieved by 2030. The details show how much firmly China will control Pakistan by 2030\u00a0Check details here At Davos, Modi today\u00a0pointed\u00a0the last time an Indian prime minister had attended the\u00a0WEF in 1997, India's GDP was a little more than USD 400 billion, but now it has increased more than six times. While referring to WEF's theme of 'Creating a shared future in a fractured world', the Modi said the Indian philosophy of 'Vasudhaiva Kutumbakam' (the world is one family)\u00a0is more relevant now to address\u00a0differences\u00a0and distances in the world.