ISLAMABAD: India’s covert attempts to sabotage international financing for the ReqoDiq mining project were decisively thwarted this week.
Despite intense lobbying by New Delhi, the World Bank’s International Finance Corporation (IFC) and International Development Association (IDA) approved a $700 million low-interest loan for the project, signaling a clear rejection of Indian propaganda against development in Balochistan.
As per the verified diplomatic sources, India had actively opposed the financing package at the World Bank board level, raising politically motivated objections against Pakistan’s mineral ambitions in Balochistan.
However, for the third time since May, a major multilateral financial institution ignored Indian pressure, choosing instead to support Pakistan’s sovereign right to develop its natural resources.
It underlines a growing international understanding that India’s intelligence operations in Balochistan are less about regional stability and more about undermining Pakistan’s economic growth.
The ReqoDiq project, a joint venture expected to extract significant quantities of copper and gold, has the potential to contribute at least 1% annually to Pakistan’s GDP. It is projected to create over 10,000 local jobs during its construction phase.
Moreover, the rejection of Indian objections by leading financial institutions sends a strong message: the global community is increasingly unwilling to accept narratives driven by geopolitical rivalry, especially those aimed at obstructing economic uplift and regional cooperation.
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Pakistan’s successful defense of its economic interests marks not only a win for Balochistan’s future but a wider diplomatic defeat for Indian intelligence efforts operating under the guise of regional security.