Indus Waters Treaty: Ajay Banga, the president of the World Bank, explained the organization’s limited role in the Indus Waters Treaty on Friday. He emphasized that the Bank is merely a facilitator and has no power to step in or impose resolutions.

World Bank Just a ‘Facilitator’

**”We serve only as a facilitator; we play no other role. The media is spreading false rumors claiming the World Bank will intervene and resolve the issue. Those claims are untrue,” Banga said, responding to questions about the treaty’s status after recent events. He emphasized that the World Bank’s role remains limited to facilitation. His remarks came after India announced its intention to revoke the Indus Waters Treaty. A historic agreement brokered by the World Bank in 1960 to govern water sharing between India and Pakistan. India declared the suspension a day after a terror attack in Jammu and Kashmir’s Pahalgam district killed 26 civilians.”

Only a Facilitator, Not a Judge:

Banga told the Media recently, “No, the treaty is not suspended. It’s technically called something in abeyance, is how the Indian government worded it.”

World Bank President Ajay Banga pointed out that the Indus Waters Treaty’s primary drawback is that, in its original form, it makes no mention of suspension. “It must either be removed or replaced with another one, the way it was drafted. For that to happen, both nations must wish to reach a consensus,” he stated.

clarifying the bank’s position, Banga said, “The World Bank’s role is that of a facilitator if they disagree, not by us making a decision, but by us being the party that goes through a process to find a neutral expert or an arbitrator court to settle it.”

Also Read: US Won’t Intervene in India-Pak War, Says VP Vance

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