Prime Minister Shehbaz Sharif has praised the World Bank’s stance on the Indus Waters Treaty (IWT), highlighting its critical role in resolving water-sharing issues between Pakistan and India. The Prime Minister’s statement comes at a time when water disputes have been a source of tension in the region, and the World Bank’s involvement is seen as crucial in maintaining peace and ensuring the treaty’s implementation.
PM Shehbaz’s Appreciation of the World Bank’s Role
PM Shehbaz hails the World Bank’s position on the IWT, recognizing its continued support for the treaty that governs the sharing of the Indus River system’s water resources. The Prime Minister emphasized that the World Bank’s position is vital for facilitating dialogue and finding solutions to any disputes that may arise between Pakistan and India.
Pakistan has long been concerned about India’s construction of dams and water projects on rivers that are part of the Indus River system. These actions have led to fears of reduced water flow to Pakistan. In response, PM Shehbaz has reiterated the importance of the World Bank’s neutral role in overseeing the treaty’s adherence, calling it essential for ensuring fair distribution and preventing further conflicts.
Importance of the World Bank’s Involvement in IWT
The World Bank’s role in the Indus Waters Treaty has been significant since the agreement was signed in 1960. PM Shehbaz hails the World Bank’s position on IWT, noting that the institution’s involvement has been instrumental in the management of disputes and technical issues. By acting as a mediator and providing technical expertise, the World Bank helps both countries address any disagreements under the framework of the treaty.
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The Prime Minister’s statement reflects Pakistan’s continued trust in the World Bank’s impartiality and ability to facilitate peaceful resolutions. PM Shehbaz also urged both countries to uphold the treaty, stressing that cooperation over shared water resources is crucial for the well-being of millions of people in both nations.
PM Shehbaz hails the World Bank’s position on IWT as an essential part of maintaining peace and cooperation between Pakistan and India over shared water resources. As tensions over water-sharing persist, the Prime Minister’s praise highlights the importance of international bodies in mediating and ensuring the sustainable management of transboundary resources. The World Bank’s continued involvement remains critical for upholding the principles of the Indus Waters Treaty.
