World Bank | India | Pakistan’s Indus Treaty procedures imposed on ‘pause’

World Bank

The World Bank is a significant development, India and Pakistan under the Indus Water Treaty put an end to various processes undertaken by the two countries to consider alternative ways to resolve their differences.

World Bank Group President Jim Young Kim said, “We have to save the Indus Waters Treaty and its implementation in respect of the Treaty and contradictory interests in two hydroelectric plants to settle in considering alternative points of view to help India and Pakistan are the truce. “Kim letters to Finance Ministers of India and Pakistan in the truce. It was also stressed that the bank is taking steps to protect the treaty.

For now, the Bank arbitration court to stop the process of appointment of the Chairman and the neutral expert will hold. The bank had previously reported that it was likely to be appointed on December 12. Ratle Kishanganga hydropower projects in Jammu and Kashmir, India and Pakistan on the complaint and the Court of Arbitration to appoint a neutral expert’s decision last month to appoint the World Bank had expressed strong reservations.

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can not be supported. ” the bank has been initiated by the two countries at the same time these processes were growing up. This was the danger of contradictory results, which could endanger the pact.

Kim said, “It is an opportunity for both countries that they conform to resolve this issue amicably and the beginning of the Treaty and not to adopt a similar process, which can disable the treaty. I hope that the two countries will be an agreement until January. ‘Existing processes under the Treaty Kishenganga (330 MW) and Ratle (850 MW) hydroelectric power plant are linked to. These plants and Chenab rivers India is Kishenganga. The World Bank is not financing any plant.

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The bank said that the Indus Water Treaty, 1960, one of the most successful international treaties such as the Treaty is seen. The treaty between India and Pakistan have continued despite tensions.

the treaty between the two countries and cooperation in the context of the use of the rivers of the system is dictated by the exchange of information. It is called the Permanent Indus Commission and a Commissioner is one of the two countries. It is alleged that may arise between the parties ‘questions,’ ‘differences’ and ‘controversy’ also sets the process of solving.

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