Friday, July 10, 2009

China objects to ADB funds for Arunachal project: Krishna


Friday, July 10, 2009
New Delhi: China had recently objected to ADB funding an irrigation project in Arunachal Pradesh which is a "clear violation" of the charter of the multilateral lending agency, the Government informed the Rajya Sabha today.
Replying to questions, External Affairs Minister S M Krishna said India had made it clear to all member nations of ADB that political considerations cannot be cited for prohibiting the Bank for evaluating any project.
All member countries on the board of Executive Directors of ADB except China supported the India funding plans.
Source: http://news.in.msn.com/

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