Indonesian Political, Business & Finance News

Water talks end unresolved

| Source: REUTERS

Water talks end unresolved

MALAYSIA: Malaysia and neighboring Singapore failed on Thursday
to resolve differences over the thorny issue of raw and processed
water pricing after two days of talks.

A brief joint statement issued after the meeting between
officials of both sides in the southern Malaysian city of Johor
Baru said officials would report details back to their leaders.

The two governments are at odds over how much Singapore should
pay its neighbor for raw water and what Malaysia should pay for
treated water piped back to it.

The two countries, which separated in 1965 after a brief union
following independence from Britain, are close trading partners
but do engage occasionally in bilateral disputes.

Singapore pays three Malaysian cents (85 U.S. cents) for every
1,000 gallons of raw water it gets from Johor state, a figure
Kuala Lumpur initially said it wanted to raise 100-fold though it
has since revised the offer. --Reuters

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