Reko Diq: the other side
| 5-Feb-2013
Earlier last month, a three-member bench of the Supreme Court headed by Chief Justice Iftikhar Chaudhry declared null and void the Reko Diq gold and copper mine agreement, the Chagai Hills Exploration Joint Venture Agreement (CHEJVA), with Tethyan Copper Company (TCC).
keywords: Australia, ICSID, investment | BITs, investor-state disputes | ISDS, mining, Pakistan
The Reko Diq Saga
The Supreme Court recently declared void and illegal a mining deal for the Reko Diq copper project signed 20 years ago between the Balochistan government and international mining companies.
Supreme Court trashes Reko Diq agreement
| 16-Jan-2013
It is wonderful that the stance of the government of Balochistan has been upheld by the Supreme Court (SC) of Pakistan. Decision given on 7th January, 2013 by the SC has declared the agreement on Reko Diq signed on July 23, 1993 as void and in conflict with the laws of the country. Tethyan Copper Company Pvt Limited (TCC) also lost its case in the International Centre for Settlement of Investment Disputes (ICSID) on December 13, 2012.
keywords: corporate interests , ICSID, investor-state disputes | ISDS, mining, Pakistan
PM asked to facilitate out of court resolution
| 26-Nov-2012
The Ministry of Petroleum and Natural Resources (MoPNR) has written a letter to Prime Minister Raja Pervez Ashraf to persuade the Balochistan government to settle the Reko Diq issue out of court, fearing a penalty of Rs39 billion by the International Centre for Settlement Investment Disputes (ICSID).
keywords: Australia, Canada, corporate interests , investment | BITs, investor-state disputes | ISDS, mining, Pakistan
US agrees to take disputes to Pakistani courts first
Express Tribune | 9-Jul-2012
Amid calls to make public the draft of bilateral investment treaty, the government claims that it has gained much and lost nothing to the United States as Washington has agreed to first taking any business dispute to Pakistani courts for settlement.
keywords: investor-state disputes | ISDS, Pakistan, US
ICSID rejects Turkish Co $756m claim against Pak
| 7-Sep-2009
An arbitral tribunal appointed by the International Centre for Settlement of Investment Disputes (lCSID) of the World Bank hearing a claim brought by a Turkish investor against the Islamic Republic of Pakistan has rejected all claims for breach of a bilateral investment treaty between the two countries.
keywords: ICSID, investment | BITs, investor-state disputes | ISDS, Pakistan, Turkey
Pakistan, US enhance cooperation: Teams formed to finalise trade, economic issues
Daily Times | 13-Sep-2007
Pakistan and United States on Wednesday constituted sub-groups of high officials from both the countries to pave the way for early finalisation of issues regarding trade and economic cooperation
keywords: intellectual property, investor-state disputes | ISDS, Pakistan, US
Pakistan, US to hold final round of BIT talks
Khaleej Times | 5-Jan-2006
A high powered US delegation is arriving here on 18 of this month to hold talks with the Pakistani authorities to finalise the BIT, in the absence of which, Washington was unprepared to sign Free Trade Agreement (FTA) with Pakistan.
keywords: ICSID, investor-state disputes | ISDS, Pakistan, US
Pakistan-US differences over BIT persists
Dawn | 24-Aug-2005
Pakistan has asked the United States to sign the proposed Bilateral Investment Treaty (BIT) by dropping its demand that in case of an arbitration only the Washington based International Centre for Settlement of Disputes (ICSID) should be approached for a decision.
keywords: Germany, ICSID, investment | BITs, investor-state disputes | ISDS, Pakistan, Ukraine, UNCITRAL, US