World Bank President Ajay Banga said that the World Bank has no role in the Indus Water Treaty between India and Pakistan. The President of the World Bank clarified that it would not take any steps to fix the suspension imposed by India on the water sharing agreement after the Pahalgam terror attack.
The Indus Water Treaty was signed with the help of the World Bank in 1960 after nine years of talks between India and Pakistan, which is also a signator of the treaty.
The Press Information Bureau quoted Ajay Banga as saying, “Our role was only a day after the fierce terrorist attack in Pahalgam in Jammu and Kashmir, in which 26 people lost their lives, mostly tourists, the 1960 Indus Water Treaty was postponed with immediate effect, until Pakistan does not stop supporting terrorism across the border.
Banga met Prime Minister Narendra Modi in the national capital on Thursday evening. Soon after, there was speculation that the World Bank would intervene in the matter.
In addition, on Thursday evening, India’s Foreign Secretary Vikram Misri highlighted that Pakistan has repeatedly violated the Indus Water Treaty by generating “legal obstacles” for years.
Addressing the press conference, Misri said that India is constantly trying to talk to discuss the amendment in the Treaty. Is a mediator. There is a lot of speculation in the media about how the World Bank will solve this problem, but all this is nonsense. The role of the World Bank is only one mediator. “
Vikram Misri said, “India has been interacting with the Government of Pakistan for the last 2.5 years. We have sent several notices to them requesting talks to discuss the amendment in the treaty. India has been respected for the treaty for more than six decades, even during that period, even during that period when Pakistan has imposed many wars on us. Pakistan has been violating the treaty, raising the legal obstacles in India, the western rights have been raised in India. It has been experimenting … It is the patience of India that we have been following the treaty for the last 65 years, even after so much provocation. ” Misri said that Pakistan’s continuous “refusal to respond to our request” has been another reason for postponing the treaty.
According to the treaty, western rivers (Indus, Jhelum, Chenab) have been allotted to Pakistan and Eastern Rivers (Ravi, Beas, Sutlej) to India. Also, the treaty gives some water to each country allotted to another. According to the treaty, 20 percent water and remaining 80 percent are given to Pakistan from the Indus river system.
