Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam

[Shahzaz ud din]

Transboundary dispute with India, root cause of China not financing Diamer-Bhasha Dam
By News Desk -
December 30, 2017
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ISLAMABAD: Due to lingering transboundary dispute with India, China has refused to provide financing for Diamer-Bhasha Dam, following in the footsteps of Asian Development Bank (ADB) and World Bank (WB).

Secretary Water Resources Shamail Ahmed Khawaja gave this news during a meeting of Cabinet Committee on CPEC, chaired by Prime Minister Shahid Khaqan Abbasi, reported Business Recorder.

Mr. Khawaja provided status updates regarding suggestions to include Diamer-Bhasha Dam into China-Pakistan Economic Corridor (CPEC). He shared the Chinese had carried out a detailed feasibility study of DBD project and raised various concerns.

The concerns raised by the Chinese were linked to logistics, seismic hazard, social and environmental impact, geopolitical aspect and technical aspects of construction and equipment.

He further informed the committee regarding the transboundary issue raised by the Chinese and the Indian refusal to provide no-objection certificate to ADB and WB for financing this project. Khawaja said this seriously damaged the prospects of DBD’s inclusion into CPEC and concluded in Chinese assistance in not being materialized.

Secretary Power Division stated dam should be setup through indigenous resources via combination of commercial financing, PSDP grant and Wapda equity. He added power generation may be initiated 2-3 years after work on DBD starts.

Furthermore, over 85 percent of the land had already been purchased at a cost of Rs86 billion for DBD project and relocation/resettlement was underway, said Secretary power division.

In November, it was reported China’s demand of ownership rights and other strict conditions for Diamer-Bhasha dam had forced Pakistan to exclude this project from China-Pakistan Economic Corridor (CPEC).

This was stated by Water and Power Development Authority (WAPDA) Chairman Muzammil Hussain, who said Chinese conditions for financing Diamer-Bhasha dam weren’t workable and stood against the country’s interests.

He shared that Chinese conditions included taking ownership of project, operation and maintenance cost and securitization of Diamer-Bhasha project by promising another operational dam.

Considering these conditions as unacceptable, Prime Minister Shahid Khaqan Abbasi had moved a summary saying that Pakistan would finance Diamer-Bhasha dam from its own resources.

 

[Clutch]

Good ... lets eat grass and get this built by pakistan alone. We can do it. India has already violated the water treaty... this is a matter of life or death for pakistan for the future climate change challenges.

India can go to hell.

 

[Clutch]

So China does not recognise Kashmir as a part of Pakistan.

It does... china has actually officially denied that they had denied the funding.

Its an indian bleeding heart source... i wouldnt give t too much credence...

Besides pakistan is going ahead and building it.... so nothing to worry about.

 

[Qutb-ud-din Aybak]

propaganda.
China wants to but we don't want to because of the conditions they are trying to attach.
if China would have such problems then neither Karakorum highway nor all other project ts would have been there.

https://www.google.com.pk/amp/s/www...m-in-Azad Kashmir-says-conditions-not-/304400

some unknown website publishes this news and the person posting it never shared the link or source.
https://profit.pakistantoday.com.pk...use-of-china-not-financing-diamer-bhasha-dam/

 

[Ryuzaki]

Good job.China has much to gain by cooperating with India

 

[Vapnope]

but but but china pakistan all best friends why so.... :O mountains higher than monutains sweetest honey,,, why china say so India or cpec?

Last time i checked India was whining that CPEC goes through a disputed territory. You tell us if anyone gave any squat about it yet including Mother Russia..

 

[Vapnope]

porkistan is a desparate whore ... it pipms itself to anyone who offers a little dollar ...
givng its arsehole to americans for 50years then licking chinese assholes this is ur pathetic reality u islamist piglets.. whole world despises ur lot .. worst than somalians u r treated. haha

Haha YEP TOUCHED A RAW NERVE THERE

 

[Spy Master]

CPEC goes through heart of the land which India claims its own but China don't have any problems with that. Seems like another propaganda piece!

 

[neem456]

Agree to the chinese terms and they might still finance it.
But agreeing to those terms is akin to leasing your own soul so pakistan got to make a choice here.

 

[Vapnope]

just tellin the truth u porki bitch haha

Ok Mr Steve you have rehearsed your sale pitch well however your services are not required.

 

[ARMalik]

Here we go again; another propaganda by the "sell out" media. Media such as Dawn have been paid up by foreigners to deliberately wage a media propaganda war against the state. There are countless other outlets being given hand-outs to do this. What in the world are the agencies doing?

 

[koolio]

Thats just utter bullshit, China would not oppose anything because of Indian concerns, China has just built the Neelum hydropower project in Azad Kashmir, it may be because of the conditions attached which don't suit the mafia ruling elite since they probably cant get large kickbacks in return.