In a major breakthrough for India, the World Bank has asked Pakistan not to pursue the Kishanganga dam dispute to the International Court of Arbitration (ICA), a Pakistani daily reported.
World Bank president Jim Yong Kim advised the government to withdraw from its stand of taking the matter to the ICA for which the bank had on Nov 10, 2016 even picked a US chief justice, the rector of Imperial College, London, and the WB president for appointing chairman of the court to resolve the dispute over the dam.
PM Modi had inaugurated the Kishanganga hydropower project in Jammu and Kashmir(J&K) last month with Pakistan officials protesting the Indian prime minister’s move. PM Modi had said the project will ensure J&K will not only get free but also sufficient power.
Pakistan considers the construction of the Kishanganga dam in India-held Kashmir over the waters flowing into the western rivers a violation of the Indus Waters Treaty 1960 since it will not only alter the course of the river but also deplete the water level of the rivers that flow into Pakistan. Thus the dispute should be referred to the international court of arbitration.
Pakistan had earlier appointed a four-member delegation to request the World Bank to act as a guarantor in the Kishanganga Dam issue.
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