ISLAMABAD: The World Bank has assured Pakistan of its ‘fresh initiative’ to resolve the country’s water disputes with India, which has already completed 330-megawatt Kishanganga hydropower project on the western waters in Kashmir.
“With the ongoing challenge of climate change, water issues are likely to be more prominent on the international agenda,” President World Bank Jim Yong Kim said at a meeting with Foreign Minister Shah Mahmood Qureshi on Monday on the sidelines of the 73rd United Nations General Assembly session in New York.
The focus of the meeting was the World Bank’s role in implementation of the Indus Waters Treaty as its administrator.
Kim said while he understood Pakistan’s position on the Indus Waters Treaty he expressed the bank’s desire to play a constructive role in resolving this important matter at the earliest.
“The World Bank is in the process of finalising a fresh initiative and will soon be approaching Pakistan and India with details,” an official statement quoted him as saying.
Pakistan and India disagree over whether or not technical design features of the two hydroelectric plants Kishanganga and Ratle (850 megawatts), being built on tributaries of the Jhelum and Chenab rivers, contravene the Indus Waters Treaty.
India has already completed construction of Kishanganga hydropower project. The treaty designates two rivers as well as the Indus as the western rivers to which Pakistan has unrestricted use.
Under the treaty, India is permitted to construct hydroelectric power facilities on these rivers subject to constraints specified in the treaty.
Pakistan first moved case to the World Bank, which is a custodian of the treaty signed in 1960, about formation of court of arbitration for resolving the issue. India, on the other hand, opted to go for appointment of neutral experts to buy time and to delay the whole process.
Foreign Minister Qureshi said Indian construction of these projects represented a violation of the treaty, “which gave Pakistan exclusive rights to western rivers”.
“The procedural delay on Pakistan’s request to the World Bank to empanel the Court of Arbitration resulted in completion of the Kishanganga project while construction work on Ratle is in progress,” the minister said.
The meeting was conducted in a cordial setting. Both sides resolved to maintain regular contacts at various levels to seek an early and amicable settlement to the issue.
A representational image of a dolphin. — AFP/FileKARACHI: Bank Alfalah has partnered with WWF-Pakistan and committed...
A representational image of the State Bank of Pakistan museum building. — AFP/FileKARACHI: The State Bank of...
A woman picks a gold earring at a jewellery shop on May 24, 2023. — ReutersKARACHI: Gold prices decreased by Rs800...
The Competition Commission of Pakistan building can be seen in this image. — APP/FileKARACHI: The Competition...
A Chinese-made Haval H6 SUV is seen on Reforma Avenue in Mexico City. — AFP/File MEXICO CITY: The growing...
A representational image of an invoice. — PexelsLAHORE: As Pakistan grapples with controlling under-invoiced...