World Bank's Role in Indus Waters Treaty: A Mere Facilitator

World Bank President Ajay Banga clarified that the institution's role in the Indus Waters Treaty is solely as a facilitator. Following a terrorist attack in Pahalgam, India suspended the treaty with Pakistan due to its alleged support of terrorism. India seeks modifications as frustrations with Pakistan's treaty violations grow.

World Bank President, Ajay Banga, emphasized that the international financial institution only serves as a facilitator for the Indus Waters Treaty between India and Pakistan. He stated the World Bank would not intervene after India suspended the treaty post the Pahalgam terrorist attack, following speculation about its potential involvement.

Originally signed in 1960 after extended negotiation facilitated by the World Bank, the treaty's role has resurfaced following tensions in Jammu and Kashmir. This led India to halt the treaty, seeking assurance from Pakistan to end its support for cross-border terrorism, a necessary step to resume the agreement.

India's Foreign Secretary, Vikram Misri, criticized Pakistan for repeated violations and legal obstacles, acknowledging India's long-term adherence to the treaty despite provocations and wars. He highlighted India's ongoing efforts for treaty modification discussions, reflecting the enduring patience amidst escalating frustrations.

(With inputs from agencies.)