Financially-strapped Pakistan has been imposed with a staggering $700 million in a damages suit by the International Centre for Settlement of Investment Disputes (ICSID) regarding rental power plants case.
An international tribunal announced that it holds Agility Public Warehousing Company of Kuwait liable to pay the entire costs incurred by Pakistan in defending a claim for more than $650 million filed against it by Agility.
The Board of Investment (BoI) has given final touches to a Bilateral Investment Treaty (BIT) template, which will replace the existing treaties with different countries. Alternative Dispute Resolution (ADR) mediation would be made compulsory.
La liberalización comercial es incompatible con los derechos humanos de las mujeres y la igualdad de género cuando las empresas explotan el trabajo de las mujeres como una fuente de ventaja comparativa.