I. Introduction: The Breaking of a Compact When India suspended the Indus Waters Treaty following the terror attack in Pahalgam—carried out by The Resistance Front (TRF), a group with clear operational and ideological ties to Pakistan's deep state—it did more than nullify a water-sharing agreement. It shattered one of the few remaining symbols of post-Partition cooperation between the two nuclear-armed rivals. For decades, the treaty withstood wars, diplomatic breakdowns, and public rage. That it should now collapse in response to yet another incident of state-proxied terror speaks volumes—not only about India’s strategic posture but about the region’s crumbling secular compact. Now, that compact has fractured even further. In a retaliatory gesture of its own, Pakistan has suspended the Shimla Agreement (1972)—a foundational accord that once governed diplomatic protocols, bilateralism, and conflict resolution between India and Pakistan. If the Indus Waters Treaty was the hydrological pillar of cooperation, the Shimla Agreement was its diplomatic spine. Together, these two treaties formed the

last architecture of mutual restraint between nuclear neighbors. Their dual collapse signals a freefall into a pre-1970s strategic environment—one where war, not negotiation, is again the default setting. However, to treat the Treaty’s dissolution as a bilateral escalation alone would be myopic. It is better understood as the tremor before a regional quake. From the Indus in the West to the Bay of Bengal in the East, a new geopolitical alignment is taking shape—an alignment that threatens to undo the fragile, secular, and postcolonial order that had once offered a vision of stability. Across South Asia, terror proxies are resurgent, Islamist politics is infiltrating interim governments, and foreign powers are circling zones of instability under the guise of humanitarian concern. India, at the heart of it all, finds itself in a two-front dilemma. In the West, Pakistan continues to serve as an incubator for transnational jihadist ambitions. In the East, Bangladesh’s descent into political instability and Islamist resurgence—combined with creeping…