English हिन्दी
Connect with us

Latest world news

World Bank fails to reach agreement with Pakistan on Indus Waters dispute

Published

on

World Bank fails to reach agreement with Pakistan on Indus Waters dispute

kishangangaThe World Bank on Tuesday failed to reach a consensus with the Pakistani delegation on the future of the Indus Waters Treaty and the way forward and said that its role in the matter was limited and procedural.

The Indus Waters Treaty, inked in 1960 with World Bank mediation, governs the share of waters of six rivers between India and Pakistan. According to the pact, India controls Beas, Ravi and Sutlej while Pakistan holds reign over Indus, Chenab and Jhelum.

“The World Bank will continue to work with both countries to resolve the issues in an amicable manner and in line with the Treaty provisions,” a statement said.

On May 21, state-run Radio Pakistan had reported that Islamabad would approach the World Bank after Prime Minister Narendra Modi inaugurated the Kishanganga hydroelectric power station on May 19 during his visit to Jammu and Kashmir. Pakistan alleged that the construction of the dam violates the treaty, claiming that the project on a river flowing into Pakistan will disrupt water supplies.

A high-powered Pakistani delegation led by Attorney General Ashtar Ausaf Ali met with World Bank Chief Executive Officer Kristalina Georgieva and other senior officials on Monday and Tuesday.

During the meetings, held at Pakistan’s request to discuss issues regarding the Indus Waters Treaty and opportunities within the treaty to seek an amicable resolution, “several procedural options” for resolving the disagreement over the interpretation of the treaty’s provisions were discussed, the Bank said.

“While an agreement on the way forward was not reached at the conclusion of the meetings, the World Bank will continue to work with both countries to resolve the issues in an amicable manner and in line with the treaty provisions,” the Bank said in a statement at the end of the talks.

“The delegation of the Government of Pakistan also shared with the Bank their concerns about the recent inauguration of the Kishanganga hydroelectric plant,” the statement said.

The project, located at Bandipore in North Kashmir, envisages diversion of water of Kishan Ganga river to underground power house through a 23.25-km-long head race tunnel to generate 1713 million units per annum.

The Kishanganga project was started in 2007 but on May 17, 2010, Pakistan moved for international arbitration against India under the provisions of the Indus Waters Treaty.

The Hague-based International Court of Arbitration allowed India in 2013 to go ahead with construction of the project in North Kashmir and upheld India’s right under the bilateral Indus Waters Treaty to divert waters from the Kishanganga for power generation in Jammu and Kashmir.

The international court, however, decided that India shall release a minimum flow of nine cubic metres per second into the Kishanganga river (known as Neelam in Pakistan) at all times to maintain environmental flows.

Islamabad had been raising objections over the design of the 330 MW Kishanganga hydroelectric project, saying it is not in line with the criteria laid down under the Indus Waters Treaty between the two countries. But, India says the project design was well within parameters of the treaty.

In January 2017, Pakistan had asked India to suspend the ongoing construction of the Kishanganga and Ratle hydro-power projects. It asked the World Bank to set up a court of arbitration to mediate the dispute over the Indus Waters Treaty.

In August, the World Bank said India was allowed to construct hydroelectric power plants on the tributaries of the Jhelum and Chenab rivers under the treaty, but with certain restrictions.

India and Pakistan, however, disagree about which features of the hydroelectric power plants could violate the provisions of the treaty.

Latest world news

Magnitude 7 earthquake strikes Russia’s Kamchatka Peninsula

A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday. The initial report placed the earthquake at a depth of 140 kilometres.

Published

on

earthquake-tremors

A magnitude 7 earthquake struck Russia’s Kamchatka Peninsula region on Friday, October 16, according to the European-Mediterranean Seismological Centre (EMSC).

The initial report placed the earthquake at a depth of 140 kilometres (approximately 87 miles). Details about the impact of the earthquake, including any damage or casualties, were not immediately available in the initial report.

Earthquake strikes seismically active Kamchatka region

Russia’s Kamchatka Peninsula is a seismically active region where earthquakes occur because of tectonic activity.

The latest earthquake was reported by the EMSC, which provided the initial magnitude and depth estimates. Further information about the situation on the ground was not available in the initial report.

What is known so far

  • Location: Kamchatka Peninsula region, Russia
  • Magnitude: 7.0
  • Date: Friday, October 16, 2026
  • Reported depth: 140 kilometres
  • Casualties and damage: Not provided in the initial report

Continue Reading

Latest world news

S Jaishankar says India is a natural option for Russia amid Europe tensions

External Affairs Minister S Jaishankar said India remained a natural option for Russia as Moscow increasingly turned towards Asia amid strained relations with Europe. He highlighted the continuity of India-Russia ties and their significance for the balance of power in Asia.

Published

on

External Affairs Minister S Jaishankar has described India as a natural option for Russia as Moscow increasingly looks towards Asia amid deteriorating relations with Europe. He said India’s longstanding relationship with Russia had remained steady despite significant changes in the international strategic landscape.

Jaishankar made the remarks during a conversation with John Micklethwait, editor-in-chief of the Bloomberg New Economy Forum. He discussed how the Russia-Ukraine war had affected Moscow’s relationship with Europe and contributed to Russia’s growing focus on Asia.

Jaishankar highlights Russia’s shift towards Asia

Jaishankar said Russia’s relationship with Europe had become deeply strained following the Ukraine war. He noted that Russia had historically viewed itself as a European country and placed considerable importance on its relations with Europe and the United States.

However, the conflict had pushed Moscow to look increasingly towards Asia,with much of that shift directed towards China.

The minister said it was in India’s interest, as well as the wider world’s interest, for Russia to maintain multiple relationships in Asia rather than having its options concentrated in one direction.

Against this backdrop, he described India as a natural partner for Russia, pointing to the longstanding nature of the relationship between the two countries.

India-Russia ties remain steady despite global changes

Jaishankar said India and Russia had maintained a consistent relationship over several decades. He emphasised that New Delhi continued to engage with Moscow even as the global order and Russia’s strategic calculations evolved.

According to the minister, India was reassuring Russia that the relationship built over nearly eight decades remained steady despite the changes in Moscow’s relations with Europe and the wider West.

He stressed that India was not passing a value judgment on those changes but was continuing its bilateral engagement with Russia.

Jaishankar said the relationship had benefited both countries and contributed to the balance of power and the broader status quo in Asia. 

Why the relationship matters for Asia

Jaishankar’s remarks highlighted India’s position in Russia’s changing regional outlook. As Moscow increasingly turns towards Asia, India continues to maintain its longstanding ties with Russia while navigating a changing international environment.

The minister’s comments underscored the importance he placed on preserving India-Russia ties and ensuring that Russia maintained multiple relationships in Asia. 

His assessment came against the backdrop of strained Russia-Europe relations following the war in Ukraine, which has reshaped Moscow’s engagement with Western countries and increased its focus on Asian partners.

Continue Reading

Latest world news

Putin praises PM Modi, says he has very good ideas on Ukraine war

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for repeatedly raising the need to end the Ukraine war, describing his ideas for a settlement as “very good”.

Published

on

Vladimir Putin

Russian President Vladimir Putin has praised Prime Minister Narendra Modi for his continued efforts to promote an end to the Russia-Ukraine war, saying the Indian leader has “very good ideas” aimed at finding a mutually acceptable solution.

Putin made the remarks while addressing the Valdai Forum of international Russia experts, where he spoke about Modi’s repeated efforts to raise the issue of ending the conflict.

What Putin said about PM Modi

Putin said Modi has continued to raise the question of ending the conflict despite the close and friendly relationship between India and Russia.

According to Putin, the Prime Minister has shown a strong interest in finding a solution and has ideas that could help identify mutually acceptable ways to resolve the conflict.

Putin also described India’s position as neutral while highlighting Modi’s interest in bringing the conflict to an end through peaceful means.

The Russian president expressed gratitude to Modi for his ideas and his desire to see the conflict end as soon as possible.

Modi’s position on the Ukraine war

PM Modi has repeatedly called for dialogue and diplomacy to resolve conflicts, including during his meetings with Putin.

During their September 11 meeting in New Delhi, Modi reiterated that dialogue and diplomacy are the way forward for resolving conflicts.

Modi had also told Putin during their meeting on the sidelines of the Shanghai Cooperation Organisation summit in Bishkek that the situation needed to move from “endless war” towards an end to the war.

India has consistently maintained that conflicts should be addressed through dialogue and peaceful means, with Modi previously describing the present period as not being an era of war.

The Russia-Ukraine conflict began in February 2022 and has continued despite repeated diplomatic efforts to seek a resolution.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com