The Chief Executive Officer (CEO) of the World Bank Kristalina Georgieva will arrive in Islamabad today to discuss the Indus Waters Treaty.
She will follow the tour in Pakistan with a visit to India. Her discussion with the leadership of the two countries will cover World Bank operations, and issues regarding the Indus Waters Treaty. Pakistan, India and the World Bank are signatories to the Indus Waters Treaty. The discussions will primarily be held around how to resolve disagreements between Pakistan and India over the interpretation of the treaty’s provisions regarding India’s construction of two hydroelectric power plants. As per a press release by the World Bank, Kristalina Georgieva was reported to have said,
India and Pakistan are important partners and clients of the World Bank Group. We have longstanding relationships in support of their goals to improve education, create jobs, transform their energy sectors, and improve people’s lives…. I love forward to meeting leaders from both countries to gain a deeper understanding of their development goals as well as to fully appreciate all perspectives related to the Indus Waters Treaty.
During her stay in Islamabad, Georgieva will meet with the senior leadership of Pakistan to discuss the best way to support the country in making the most out of its economic potential. She will also visit project sites.
India has threatened on several occasions that water flowing from India to Pakistan will be stopped. An opinion shared by many in India however, the provisions in the treaty do not allow doing so. The World Bank stepped out from the discussions in December to allow India and Pakistan to come to terms on their own, in line with the spirit of the treaty but to no avail. The visit by the World Bank CEO is a welcome interference hopefully resolving the prevailing issues.You can follow us on Facebook, Twitter, or Google+ for more updates. Otherwise fill in the subscription box above, or subscribe to our RSS Feed.