Current Affairs 16 December

Current Affairs
   16 December 2016 Current Affairs

India and Pakistan, the Indus treaty put an end to practices by World Bank 

In a significant development within the World Bank under the Indus Waters Treaty between India and Pakistan put an end to various processes undertaken by the two countries to consider alternative ways to resolve their differences.
Ratle Kishanganga hydropower projects in Jammu and Kashmir, India and Pakistan on the complaint and the Court of Arbitration to appoint a neutral expert's decision last month to appoint the World Bank had expressed strong reservations.
For now, the process breaks the neutral expert and Chairman of the Bank arbitration court will hold appointments.The bank had previously reported that it was likely to be appointed to December 12, 2016. Kishanganga existing processes under the treaty (330 MW) and Ratle (850 MW) hydroelectric power plant are linked to.
These plants and Chenab rivers India is Kishenganga. The World Bank is not financing any plant. The bank said that the Indus Water Treaty, one of the most successful international treaties such as the Treaty is seen.
The treaty between India and Pakistan have continued despite tensions. The treaty between the two countries and cooperation in the context of the use of the rivers of the system is dictated by the exchange of information.

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