Showing posts with label India. Show all posts
Showing posts with label India. Show all posts

Sunday, 30 July 2017

World Bank assures ‘neutrality’ in India, Pakistan talks over Indus Waters Treaty

The World Bank has assured its continued neutrality and impartiality in helping India and Pakistan find an “amicable way forward” during talks over issues related to two of India’s hydroelectricity projects under Indus Waters Treaty.

Welcoming the participation of India and Pakistan in the talks to be held here tomorrow, World Bank’s Vice President for South Asia region Annette Dixon said, “We are pleased both parties have confirmed their participation in the meeting hosted by the World Bank in Washington, DC.”

Pakistan had approached the World Bank last year, raising concerns over the designs of the two hydroelectricity projects located in Jammu and Kashmir.

It demanded that the World Bank, which is the mediator between the two countries under the 57-year-old water distribution pact, set up a court of arbitration to look into its concerns.

On the other hand, India asked for appointments of a neutral expert to look into the issues, contending the concerns Pakistan raised were “technical” ones.

Following this, the international lender had in November 2016 initiated two simultaneous processes - for appointing neutral expert and establishment of court of arbitration - to look into technical differences between the two countries in connection with the project.

The simultaneous processes, however, were halted after India objected to it.

After that, representatives of the World Bank held talks with India and Pakistan to find a way out separately.

Source:-Hindustantimes

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