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India signals peace on Indus Water issue

Signalling a step back from tensions in the past month over the Indus Water Treaty with Pakistan, India said there was “no reason” the two countries could not sort out their differences as they have in the past.
●    India had objected to the World Bank’s earlier decision as it said the acceptance of Pakistan’s appeal for an arbitration process under article IX was “illegal”, accusing the World Bank of “favouring Pakistan”. 
●    The strong language of the statement appeared to have weighed with the World Bank, and on December 12, the day its President Jim Yong Kim was due to announce the names chosen for the arbitration panel and as mediator.
●    The World Bank plans to send an expert, Ian Solomon to New Delhi and Islamabad in the next few weeks to discuss the issues for both governments and help restart talks between them.
●    Pakistan did not comment on the World Bank decision against its proposal to bypass the bilateral process.
 
 

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