Executive Summary (2025)
India and Pakistan have fought four major wars (1947–48, 1965, 1971, 1999) and numerous crises centered on Kashmir and cross-border militancy. A February 2021 LoC ceasefire dramatically reduced daily firing, yet relations remain brittle. In 2024–25, water has re-emerged as a flashpoint: India issued notices seeking to modify the Indus Waters Treaty (IWT), while Pakistani leaders escalated rhetoric, including nuclear-tinged warnings, as courts weigh project design disputes. Trade—already minimal—has largely halted after mid-2025 terror violence in Jammu & Kashmir triggered new restrictions. The risk of miscalculation persists despite mutual nuclear deterrence. Press Information BureauCarnegie Endowmenticwa.inSouth Asian VoicesThe Economic TimesHindustan Times
How We Got Here: The Wars & Their Legacies
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1947–48: First Kashmir war after Partition; LoC (then ceasefire line) established.
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1965: Conventional war across Kashmir and Punjab; stalemate, Tashkent Declaration.
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1971: Indo-Pakistan War leading to Bangladesh’s independence; deep strategic shift.
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1999 (Kargil): Pakistan intrusions across the LoC; limited high-altitude war under the nuclear shadow.
These conflicts forged today’s deterrence calculus and hardened political narratives on both sides. Wikipedia+1oxfordbibliographies.com
The (Fragile) Quiet: 2021 LoC Ceasefire
A rare joint DGMO statement on Feb 25, 2021 recommitted both militaries to “strict observance” of ceasefire rules along the LoC. It reduced routine exchanges of fire and casualties, but it did not resolve core disputes or end militant attacks. Ceasefires historically fray when crises erupt elsewhere. Press Information BureauReutersThe Diplomat
Kashmir, Terrorism, and Aerial Crises
Kashmir remains the center of gravity. Episodes like the 2019 Pulwama–Balakot–aerial dogfight cycle illustrate how a single attack can trigger rapid escalation, even when both sides prefer to avoid major war. (General background from conflict trackers.) Council on Foreign Relations
The New Flashpoint: Water, Hydropower & the IWT
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Treaty Basics: The 1960 Indus Waters Treaty allocates the three eastern rivers to India and the western rivers (Indus, Jhelum, Chenab) to Pakistan, while allowing India limited “run-of-river” hydropower on western rivers under strict design norms. Al Jazeera
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India’s Push to Update: In 2024 India formally notified Pakistan to review/modify the IWT, citing changed circumstances and project delays; follow-on steps continued into 2025. South Asian Voicesicwa.inThe Times of India
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2025 Escalation: Pakistani leaders issued sharp warnings (including nuclear-tinged remarks) amid legal wrangling over Indian project designs; India has questioned international jurisdiction in some proceedings. This rhetoric raises crisis risk even if the on-river engineering remains compliant with treaty design rules. The Times of India+1The Economic Times+1
Why it matters: Water is existential for Pakistan’s agriculture and energy; India views hydropower as vital for clean growth. Even when wars are unlikely, hardline signaling over dams and flows can spark broader crises if paired with terror incidents or border clashes. South Asian Voices
Trade, People, and the Thin Peace
Formal trade has dwindled for years and fell sharply 2019–2024; by mid-2025 both sides moved to shut remaining channels, including third-country routes after fresh violence in J&K. People-to-people links and official dialogue remain sporadic. Low interdependence reduces “peace dividends,” making crises easier to ignite. Al JazeeraThe Economic TimesHindustan Times
Nuclear Doctrines & Deterrence
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India: Publicly emphasizes No First Use (with debated caveats) and credible minimum deterrence.
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Pakistan: Full-spectrum deterrence designed to offset India’s conventional advantages, including battlefield nuclear options.
This asymmetry lowers thresholds in theory but makes actual nuclear use extraordinarily risky. International actors typically press for restraint during crises. (Doctrine summaries from reputable trackers and strategic analyses.) Council on Foreign Relations
Scenarios to Watch (Late-2025)
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Water-Driven Standoff: Court rulings or unilateral steps on IWT-related projects spur mobilization or LoC flare-ups. The Economic Times
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Terror Attack & Retaliation: A high-casualty incident in India triggers cross-border strikes; airpower and missiles raise escalation ladders quickly. (Historical pattern.) Council on Foreign Relations
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Ceasefire Erosion: LoC violations tick up as talks stall, inviting a crisis loop last seen pre-2021. Reuters
De-escalation Playbook
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Sustain the 2021 DGMO channel and hotline protocols for immediate incident management. Press Information Bureau
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Technical, time-bound IWT talks on specific hydropower designs (silt, spillway, pondage), using neutral expert review where both agree. Al Jazeera
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Counter-terrorism guarantees via verifiable steps against cross-border groups—historically the most reliable off-ramp to resume dialogue. Council on Foreign Relations
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Limited confidence-building (trade in essentials, medical visas, pilgrimages) to rebuild minimal interdependence. Al Jazeera
Frequently Asked Questions
Is a full-scale war likely in 2025?
Unlikely, but not impossible. Both sides face costs of escalation under the nuclear shadow; however, a spectacular terror attack or water-linked crisis could trigger limited strikes and rapid brinkmanship. Council on Foreign Relations
Did the 2021 ceasefire end the conflict?
No. It reduced daily firing along the LoC but did not settle underlying disputes. Reuters
Why is water such a big deal now?
Climate stress, energy needs, and project backlogs pushed both toward harder bargaining over the IWT’s 1960-era rules; 2024–25 saw formal notices, legal steps, and sharper rhetoric. South Asian Voicesicwa.in
Source Notes
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