Pakistan
Business Recorder | 5-Nov-2020
National Accountability Bureau (NAB) Balochistan has collected irrefutable evidence revealing that billions of rupees have been lost to the national exchequer in the Reko Diq project after the bureau scrutinized its 30-year record.
The Express Tribune | 3-Nov-2020
Prime Minister Imran Khan has approved the formation of a working group of experts for reforming Pakistan’s international investment regime.
The News | 18-Sep-2020
The World Bank’s ICSID has granted Pakistan a stay order of six months in the Reko Diq case in which Islamabad was awarded with a whopping $6 billion fine.
New York Times | 9-Sep-2020
Pakistan is seeking the reversal of a $5.8 billion penalty imposed by an international tribunal for denying a mining lease to an Australian company, saying that paying the fine would hinder its handling of the coronavirus pandemic.
The Express Tribune | 15-Jun-2020
Pakistan’s chances of having its $6 billion penalty in the Reko Diq case annulled have received a boost with a committee of the International Centre for Settlement of Investment Disputes (ICSID).
Market Screener | 18-Mar-2020
ICSID appointed a committee to consider Pakistan’s annulment application which is expected to reach a conclusion in the next one to two years.
DAWN | 27-Feb-2020
Attorney General Khalid Jawed Khan has said that Pakistan’s foremost effort in the Reko Diq mining case is to secure annulment of the $5.9 billion penalty.
Geo TV | 31-Jan-2020
The World Bank’s International Center for Settlement of Investment Disputes has approved Pakistan’s petition for a review in the Reko Diq case in which the country was slapped with a $6 billion fine.
Business Recorder | 31-Jan-2020
Pakistan’s team exchanged its draft agreement with Turkish team’s draft and prepared a consensus document which will again be shared with the federal cabinet for approval before presenting it to the ICSID.
Business Recorder | 30-Jan-2020
Pakistan approved waiving off all port dues/charges amounting to Rs194,951,059 on 31-1-2020 or till the vessels leave the port accruing against Karkey.