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India rejects Hague ruling to uphold Pakistan water-sharing treaty
CNBC • • world
Key Points:
- The Indian government has rejected an arbitration ruling from the Permanent Court of Arbitration (PCA) that upheld the 1960 Indus Water Treaty with Pakistan and restricted construction on a hydroelectric project in Kashmir.
- The PCA ruled in Pakistan's favor, stating the treaty remains fully binding and India has no valid grounds to suspend or end it, countering India's move to put the agreement "in abeyance" last year.
- India asserted that the PCA lacks jurisdiction over its sovereign decisions and declared the court's pronouncements will not affect its ongoing projects.
- The PCA ordered India to limit construction on the Ratle hydroelectric plant by restricting work on the dam wall and power intake structure above certain levels until a neutral expert appointed by the World Bank delivers a final decision, expected before July 2027.
