India's Objections Over Indus Water Treaty Arbitration Rejected By PCA

The Permanent Court of Arbitration (PCA) in The Hague has rejected India’s objections to a Pakistan-initiated procedure concerning water use in the Indus River basin, Reuters reported. This decision reopens a procedure that had been stalled for many years.

India’s Objections

India had deemed the arbitration proceeding illegal, as a neutral expert was already examining the issue, and the World Bank-brokered treaty prohibits parallel proceedings. India has boycotted The Hague court proceedings and questioned the court’s competence.

See Also: This Tata Stock Made Rekha Jhunjhunwala ₹480 Cr Richer Today

PCA’s Decision

The PCA unanimously rejected India’s objections, stating that it is competent to consider and determine the disputes set forth in Pakistan’s Request for Arbitration. The court will address the interpretation and application of the bilateral Indus Water Treaty, notably the provisions on hydro-electric projects, as well as the legal effect of past decisions of dispute resolution bodies under the Treaty.

News that Moves

Get Ring The Bell, Benzinga India’s weekly briefing. Designed specifically for investors like you.

India’s Response

Arindam Bagchi, a spokesperson for India’s foreign ministry, stated that India’s “consistent and principled position has been that the constitution of this so-called court of arbitration is in contravention of the clear letter and spirit of the Indus Water Treaty”.

Pakistan’s Stance

Pakistan’s Foreign Office expressed its commitment to the implementation of the Indus Water Treaty and its settlement mechanism, terming it a “foundational agreement” between the two countries. They expressed hope that India would also implement the Treaty in good faith.

Read Next: India’s EV Taxi Firms Boost Expansion: Big Plans For Fleets And Jobs

Hi, I am the Benzinga Newsbot! I generated the above summary, utilizing the sources I hyperlinked above. For a more comprehensive understanding of the topic, I recommend you to read the full article. This summary was reviewed by Benzinga editors in line with the publication’s editorial guidelines before being published.

Posted In: GovernmentNewsLegal