BusinessPostCorner.com
No Result
View All Result
Sunday, May 25, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

Pakistan suspends peace treaty with India as tensions grow over Kashmir killings

April 24, 2025
in Finance
Reading Time: 5 mins read
A A
0
Pakistan suspends peace treaty with India as tensions grow over Kashmir killings
ShareShareShareShareShare

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Pakistan has closed its airspace to India’s airlines, suspended a 1972 peace treaty with its larger neighbour, and warned that any diversion of shared river waters would be “considered an act of war”.

Islamabad’s moves against India on Thursday marked a sharp escalation of the dispute between the two nuclear-armed nations over an attack that killed 26 tourists in the disputed northern region of Kashmir.

India had already downgraded diplomatic relations with Pakistan and suspended its participation in a crucial cross-border water treaty over the attack. On Thursday, India’s Prime Minister Narendra Modi vowed to “identify, track and punish” the backers of the gunmen responsible for an atrocity that shocked Indians and fanned fears of a conflict with Pakistan.

Pakistan has denied any involvement in the attack in Pahalgam, a tourist destination in the Indian-controlled territory of Jammu and Kashmir, and on Thursday levelled India’s accusations of supporting terrorism back at Modi’s government.

The Islamic republic’s National Security Committee denounced India’s suspension of the 1960 treaty under which the two countries share water from the Indus river system.

“Any attempt to stop or divert the flow of water belonging to Pakistan as per the Indus Waters Treaty . . . will be considered as an act of war and responded with full force across the complete spectrum of national power,” the committee said after meeting.

Some content could not load. Check your internet connection or browser settings.

It said Pakistan would suspend all bilateral treaties with its neighbour, including a 1972 peace accord, “till India desists from . . . fomenting terrorism inside Pakistan [and] transnational killings”. The remarks were an apparent reference to Indian agents’ alleged involvement in the killing of separatist Sikh activists in Canada and Pakistan.

The committee also said Pakistan would hold “in abeyance” the Simla Agreement, which has governed relations between the two countries since it was signed after their 1971 war. The pact’s provisions included establishing the “Line of Control” along which they face off in Kashmir.

Michael Kugelman, a Washington-based South Asia analyst, said the Indus Water Treaty and Simla accord had served as “safety nets” ensuring a baseline of co-operation and communication at times of high tension between Pakistan and India. “The relationship risks entering uncharted territory,” Kugelman said.

Police in Jammu and Kashmir said on Thursday that two of the three suspects in the Pahalgam massacre were Pakistani nationals, identifying them as part of a militant group behind one of India’s worst mass murders of civilians. 

In a “Wanted” notice published online, the police described the men as “LeT terrorists”, a reference to Pakistan-based Lashkar-e-Tayyaba, which was responsible for the killing of 175 people in Mumbai in 2008.

India’s Prime Minister Narendra Modi addresses a rally
Indian Prime Minister Narendra Modi said the Pahalgam attack would ‘not go unpunished’ © Reuters

Speaking in the Indian state of Bihar on Thursday, Modi said his government would pursue “to the ends of the earth” the people responsible for an attack that was the deadliest on Indians in Kashmir since a 2019 suicide bombing that killed 40 paramilitaries.

“I say to the whole world, India will identify, track and punish every terrorist and their backers,” Modi said. “India’s spirit will never be broken by terrorism. Pahalgam will not go unpunished.”

India has ordered the closing of its only border crossing with Pakistan, the expulsion of military advisers from Pakistan’s diplomatic missions in India, the withdrawal of its own advisers from Pakistan, and a reduction in the number of diplomats in each country to 30 from 55.  

Its suspension of participation in the Indus Waters Treaty was an unprecedented measure that could be deeply damaging to farming in Pakistan at the start of the sowing season of a country mired in a deep economic crisis.

Ishaq Dar, Pakistan’s foreign minister, told local television on Wednesday that Islamabad was not involved in the Pahalgam attack and that “no evidence” had been provided to show otherwise. Pakistan would retaliate against any Indian action over the attack, Dar said.

“There will be a tit-for-tat reply, and not an iota less than they have done,” he said in an interview with Dunya News. 

Recommended

The diplomatic crisis threatens Pakistan’s fragile economic recovery after two years of stagflation and surging power costs have shredded household finances and badly affected industries.

The Indus Waters Treaty is vital to Pakistan because it guarantees access to the three western rivers of the Indus basin — its main source of water for agriculture, power, and daily life.

Farooq Tariq, a farmer and activist from Toba Tek Singh in central Punjab, said any disruption to water supply could have a “devastating impact on the agriculture of Pakistan”. “[Farmers in Sindh and Punjab] are in much more danger of losing water while there is already . . . water scarcity,” he said.

Credit: Source link

ShareTweetSendPinShare
Previous Post

KPMG builds AI agents into audit platform

Next Post

Dogecoin Volume Erupts to $2 Billion – $10 Next If Whales Keep Buying?

Next Post
Dogecoin Volume Erupts to  Billion –  Next If Whales Keep Buying?

Dogecoin Volume Erupts to $2 Billion – $10 Next If Whales Keep Buying?

Ethereum Price Prediction: Technical Breakout at ,520 Targets ,745 Resistance—What Is Next for ETH in June?

Ethereum Price Prediction: Technical Breakout at $2,520 Targets $2,745 Resistance—What Is Next for ETH in June?

May 18, 2025
Struggling DNA testing firm 23andMe to be bought for 6m

Struggling DNA testing firm 23andMe to be bought for $256m

May 19, 2025
Trump Organization to discuss new Vietnam tower as trade talks continue

Trump Organization to discuss new Vietnam tower as trade talks continue

May 19, 2025
Universal’s  billion Epic Universe theme park opens today. Here’s what to expect—and the best rides for families and daredevils

Universal’s $7 billion Epic Universe theme park opens today. Here’s what to expect—and the best rides for families and daredevils

May 22, 2025
Junk bonds: CCC vs B spread offers a warning sign for debt

Junk bonds: CCC vs B spread offers a warning sign for debt

May 24, 2025
Ripple CEO Slams Sen. Lummis After Canceled Talks – B Circle Bid Looms

Ripple CEO Slams Sen. Lummis After Canceled Talks – $5B Circle Bid Looms

May 20, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

Learners struggle to pay before test, but instructors say pricing fair

Learners struggle to pay before test, but instructors say pricing fair

May 24, 2025
Junk bonds: CCC vs B spread offers a warning sign for debt

Junk bonds: CCC vs B spread offers a warning sign for debt

May 24, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!