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Amid Controversy, India to revisit Indus water treaty with Pakistan signed in 1960

India might consider revisit the Indus Water Treaty feeling that there are differences in implementation of the treaty in both countries.

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Indo Pak border at Neelum Valley. All tributaries of Indus will affected by Indus Water Treaty. Wikimedia
  • The Indus water treaty brokered by World bank in 1960 by India and Pakistan
  • Jammu-Kashmir has been demanding the revisitation of treaty as it robs the state of its right to use the water of its rivers
  • India is already locked in a diplomatic blitz with Pakistan regarding the killing of 18 Indian soldiers in Uri

New Delhi, September 22, 2016:  India while already being engaged in a diplomatic war against Pakistan regarding the Sunday’s terror attack on an army base in Kashmir might consider revisiting the Indus Water Treaty that was signed in 1960.

“I am sure you are aware that there are differences between India and Pakistan on the implementation of the Indus Waters Treaty,” External Affairs Ministry spokesperson Vikas Swarup said in reply to a question at a media briefing here on Thursday.“But this is an issue which is being addressed bilaterally. But let me make a basic point. Eventually, any cooperative arrangement requires goodwill and mutual trust on both sides,” Swarup said.

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“For any such treaty to work, it is important there must be mutual trust and cooperation. It can’t be a one-sided affair.”

The water distribution treaty brokered by the World Bank was signed between the two countries in 1960 after Pakistan’s fear that since the source rivers of the Indus basin are in India, it could potentially create droughts and famines in Pakistan during times of war.

According to the agreement, India has control over three eastern rivers — Beas, Ravi and Sutlej — all flowing from Punjab.

Pakistan, as per the treaty, controls the western rivers of the Indus, Chenab and Jhelum that flow from Jammu and Kashmir.

Jammu and Kashmir have been demanding a review of the treaty as it robs the state of its rights to use the water of the rivers.

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India and Pakistan are currently locked in a diplomatic war after the killing of 18 Indian soldiers in Uri, close to the Line of Control (LoC) with Pakistan. (IANS)

 

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After World Bank’s Head Quits, Donald Trump Likely To Determine The Successor

China, though a part of the World Bank, has thrown a challenge to it by setting up its own development banking institutions

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Trump, U.S.
Donald Trump. VOA

World Bank President Jim Yong Kim has announced that he is stepping down as the head of the premier anti-poverty institution putting the likely choice of its future leadership in the hands of US President Donald Trump, a sceptic of international development.

Trump’s role is expected reinvigorate challenges to Washington’s monopoly on appointing the Bank’s head.

Announcing his decision on Monday, Kim said in a tweet: “It’s been the greatest privilege I could have ever imagined to lead the dedicated staff of this great institution to bring us closer to a world that is finally free of poverty.”

Kim, 59, who is dropping out 19 months into his second term on February 1, would be joining a private company and focus on infrastructure investments in developing countries, the Bank said.

The Bank’s CEO Kristalina Georgieva will become the interim president till a successor to Kim is appointed.

As the largest share-holder, the US by tradition appoints the head of the Bank, while Europeans determine the chief of the International Monetary Fund.

Kim was nominated for the job by former President Barack Obama in 2012.

Before Trump’s election, Kim was hastily re-appointed in September 2016 to a second term that began in July 2017 with an eye on pre-empting a possible Trump nominee getting the job.

Now, however, Trump will get an opportunity to nominate the Bank’s head.

Trump’s role will resurrect and strengthen challenges to the post-World War II model of the leadership of the 189-member bank that has always been determined by the US .

Already the US nominee was challenged for the first time in 2012 by two contenders.

Trump, U.S.
World Bank head quits, Trump likely to determine successor. VOA

Colombian economist Jose Antonio Ocampo Gaviria eventually withdrew from the race, while Nigeria’s then-Finance Minister Ngozi Okonjo-Iweala lost when the Bank’s directors rubber-stamped Kim’s appointment.

Now there will be robust demands for reconsidering the US leadership of the Bank and stronger non-American contenders for the job.

Kim, a South Korea-born US citizen, was an unusual leader for the Bank: He was a medical doctor by training, a specialist in public health and an academic with a Harvard doctorate in anthropology who had led the Ivy League Dartmouth College.

But his background in health was a plus for the Bank’s mission of fighting poverty and promoting development.

Under his leadership, the Bank adopted in tandem with the UN the goal of ending extreme poverty by 2030 and focusing on the bottom 40 per cent of the population in the developing world.

The Bank’s International Development Association, which funds programmes in the least developed countries, achieved two record replenishments during his tenure, the last one in 2016 for $75 billion.

Also Read- Government Introduces Quota Bill For Upper Castes in Lok Sabha

Last April, the Bank also increased its capital by $13 billion with the unexpected support of the Trump administration.

Kim also pushed the Bank’s cooperation with the private sector for financing development in the developing world, particularly in the areas of climate change and infrastructure.

China, though a part of the World Bank, has thrown a challenge to it by setting up its own development banking institutions.

The Asian Infrastructure Investment Bank (AIIB), founded in 2016 is one of those institutions and several countries including India, Germany, Britain and South Korea have joined it. (IANS)