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No role to play beyond facilitator: World Bank President Ajay Banga on Indus Waters Treaty

  • World Bank President Ajay Banga stated on May 9, 2025, that the World Bank has no role beyond facilitating the Indus Waters Treaty between India and Pakistan.
  • India suspended the 1960 treaty in April 2025 after a terrorist attack in Jammu and Kashmir's Pahalgam killed 26 people, with Indian authorities confirming Pakistani involvement.
  • The agreement, facilitated in 1960 with the involvement of the World Bank, regulates the division of water from the Indus river system, granting India rights over the eastern rivers and Pakistan control of the western rivers, while permitting India limited usage of the western rivers for specific purposes.
  • Ajay Banga rejected media speculation that the World Bank might force India to reverse its suspension, calling such ideas 'bunk' and affirming the bank's limited facilitator role.
  • India's suspension reflects escalating tensions and a focus on hydropower development in Jammu and Kashmir, while Pakistan views the move as illegal and plans to seek global intervention.
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The Matrix Mag broke the news in on Friday, May 9, 2025.
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