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Uri attack's aftershocks; PM Modi reconsiders Indus Waters Treaty with Pakistan

05:13 PM | 26 Sep, 2016
Uri attack's aftershocks; PM Modi reconsiders Indus Waters Treaty with Pakistan
NEW DELHI - Indian Prime Minister Narendra Modi on Monday summoned a meeting of the top officials and reviewed the provisions of the Indus Water Treaty with Pakistan.

According to NDTV  report, PM Modi along with government officials evaluated the pros and cons of the treaty signed in 1960.

"The decision to review the treaty with Pakistan comes following the Uri attack in Occupied Kashmir in which 18 Indian soldiers killed", the report added.

Related - Enough of the daydreaming Indians! Five reasons why India cannot scrap Indus Water Treaty

Sources say a final political call will be taken by PM Modi after discussions in the cabinet committee on security in next few days.

However, on Monday, there was no decision taken in the meeting and Modi will hold legal consultations over the treaty.

In the past, disagreements between the two countries have been settled within the legal framework provided the within the treaty. The World Bank’s role in the Indus Water Treaty is limited and strictly procedural.

NDTV's 10 facts about the issue:

  1. National Security Adviser Ajit Doval, Foreign Secretary S Jaishankar, Water Resources Secretary Shashi Shekhar and senior officials of the Prime Minister's Office were in the meeting.

  2. India has been debating the pros and cons of action on the 1960 water treaty that has survived two full-scale wars between the two countries, as a strong response to the September 18 attack in Jammu and Kashmir's Uri, in which 18 soldiers were killed by alleged terrorists of the Pakistan-based Jaish-e-Mohammed.

  3. Officials say an assessment of the Indus treaty is bound to factor in China, where the river Indus originates. China also holds the controls of the river Brahmaputra.

  4. Unlike India and Pakistan, China has not signed any international water sharing agreement. Should China decide to divert the Indus, India could lose as much as 36 percent of river water.

  5.  China also has the option of stopping the flow of Brahmaputra river water into India. The Brahmaputra starts as the Yarlung Zangbo in China and flows down into the Bay of Bengal, feeding millions in India and Bangladesh on the way. China is building 11 mega dams on the Brahmaputra and is in a position to hurt India's interests.

  6. Experts are also divided over the merits of reneging on an international water sharing agreement. If India withdraws from an international pact, it's a violation of a legal treaty, which will invite international condemnation.

  7. The Indus Waters Treaty was signed between India's first Prime Minister Jawaharlal Nehru and Pakistan's president General Ayub Khan after World Bank brokered negotiations that lasted almost a decade.

  8. In the agreement, control over the three eastern rivers - the Beas, Ravi and Sutlej - was given to India and the three western rivers - the Indus, Chenab and Jhelum - went to Pakistan, unrestricted.

  9. India can use only 20 percent of the water of the Indus, which flows through it first, for irrigation, transport and power generation. If India were to cut off supply to Pakistan, it could cause major crises in that country as a majority of its areas are dependent on Indus water.

  10. But stopping the flow of Indus into Pakistan would cause floods in Jammu and Kashmir and Punjab.

The author is working as Editor Digital Media for Daily Pakistan and can be reached @ItsSarfrazAli.

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Today Open Market Currency Rates in Pakistan - PKR to US Dollar, Euro, Pound, Riyal - 10 May 2024

Pakistani rupee rates against US Dollar and other currencies on May 10, 2024 (Friday) in open market.

USD to PKR rate today

US dollar was being quoted at 277.15 for buying and 280.15 for selling.

Euro stands at 295.5 for buying and 298.2 for selling while British Pound rate is 344 for buying, and 347.5 for selling.

UAE Dirham AED was at 75 and Saudi Riyal came down to 73.3.

Today’s currency exchange rates in Pakistan - 10 May 2024

Source: Forex Association of Pakistan. (last update 09:00 AM)
Currency Symbol Buying Selling
US Dollar ‎USD 277.15 280.15
Euro EUR 295.5 298.2
UK Pound Sterling GBP 344 347.5
U.A.E Dirham AED 75 75.5
Saudi Riyal SAR 73.3 74
Australian Dollar AUD 180.5 182.5
Bahrain Dinar BHD 739.61 747.61
Canadian Dollar CAD 203 205
China Yuan CNY 38.43 38.83
Danish Krone DKK 40.16 40.56
Hong Kong Dollar HKD 35.6 35.95
Indian Rupee INR 3.34 3.45
Japanese Yen JPY 1.91 1.99
Kuwaiti Dinar KWD 904.67 913.67
Malaysian Ringgit MYR 58.71 59.31
New Zealand Dollar NZD 166.93 168.93
Norwegians Krone NOK 25.69 25.99
Omani Riyal OMR 722.52 730.52
Qatari Riyal ‎QAR 76.44 77.14
Singapore Dollar SGD 204 206
Swedish Korona SEK 25.79 26.09
Swiss Franc CHF 306.4 308.9
Thai Bhat THB 7.56 7.71

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