reko diq case summary

Investment Disputes: The Reko Diq Case

2020-2-24  Reko Diq area is valuable for its natural wealth, it is equally significant for the local indigenous population because of their cultural attachment to the land. The case note recommends other approaches for resolving foreign investment disputes which Pakistan can take into consideration. Case Background Facts

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Reko Diq Case: How Mismanagement landed Pakistan in

2019-10-1  The award in famous Reko Diq case handed down by International Centre for Settlement of International Disputes (ICSID) has provided a fresh impetus to the

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Reko Diq case - Newspaper - DAWN.COM

2017-4-4  Reko Diq case. Rana Sajjad Ahmad Published April 4, 2017. THE arbitral tribunal of the World Bank’s International Centre for Settlement of Investment Disputes

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Analysis: Reko Diq’s billion-dollar mystery - Pakistan ...

2015-1-23  Analysis: Reko Diq’s billion-dollar mystery. THE dispute between Pakistan and Tethyan Copper Company (TCC) over the Reko Diq mines in Balochistan

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Bearing the burden: The cost of the Reko Diq (Balochistan ...

2019-10-17  Image credit: Baluchistan by Beluchistan /Flickr; Licence: CC BY 2.0.. Written by Adnan Aamir. On 13 July 2019, Balochistan was in the news again. This

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Reko Diq Case: Another Intervention from Supreme Court

2015-10-5  Reko Diq Case: Another Intervention from Supreme Court of Pakistan (2014) 17(6) Intl Arbitration L Rev 61. ... (SCP) but this comment is limited to the critical analysis of the grounds which SCP used to assume the jurisdiction to adjudge the validity of that agreement.

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How Pakistan lost $6 billion on a gold mine - Asia Times

2021-1-18  The full details of the case are yet to be released by the tribunal. TCC’s website reveals that the Reko Diq Mining Project in Pakistan’s restive province of Balochistan had initiated to build and operate a world-class copper and gold open-pit

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Multi-billion dollar fine on Pakistan puts the spotlight ...

2019-8-21  The Reko Diq mine case shows the overreach of a secretive arbitration system. Last month, the International Centre for Settlement of Investment Disputes (ICSID), a global quasi-court, slapped more than a $5 billion fine on Pakistan in an arbitration case involving a gold and copper mine.

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Why is govt in a hurry to pay TCC for Reko Diq? ISDS ...

2014-12-6  The Nawaz Sharif government is in an unnecessary haste to settle and pay millions, possibly billions, of dollars as compensation for the Reko Diq gold and copper mines to a discredited and ousted Canadian-Chilean mining consortium, a decision if made may resemble the infamous circular debt payment of Rs500 billion in the early days of the PML-N government.

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Tethyan Copper v. Pakistan Investment Dispute

The full case name is recorded as it appears in the official case documents and as it is registered at the administering institution if applicable (listing the claimants in alphabetical order). If there are more than five claimants in the case, the names of all claimants can be replaced by the name of the first three claimants followed by the ...

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Investment Disputes: The Reko Diq Case

2020-2-24  Reko Diq area is valuable for its natural wealth, it is equally significant for the local indigenous population because of their cultural attachment to the land. The case note recommends other approaches for resolving foreign investment disputes which Pakistan can take into consideration. Case Background Facts

Read More
Bearing the burden: The cost of the Reko Diq (Balochistan ...

2019-10-17  Image credit: Baluchistan by Beluchistan /Flickr; Licence: CC BY 2.0.. Written by Adnan Aamir. On 13 July 2019, Balochistan was in the news again. This time it was for the damages awarded to the Tethyan Copper Company (TCC) in the Reko

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Case for International Law - The Friday Times - Naya Daur

2021-4-9  Reko Diq Case. The International Center for Settlement of Investment Disputes (ICSID) of the World Bank gave about $6 billion (Rs950 billion) award against Pakistan in the Reko Diq case. The ICSID rendered a huge $4 billion fine and around $2 billion in interest and costs. This is perhaps the biggest award in the history of the ICSID.

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Reko Diq: Saga of bliss or bane? - Newspaper - DAWN.COM

2020-11-16  The geological literature identifies it to be a part of the mineral-rich arc that stretches from Turkey and Iran into Pakistan. The value of extractable mineral wealth of Reko Diq alone is ...

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Reko Diq Case: Another Intervention from Supreme Court

2015-10-5  Reko Diq Case: Another Intervention from Supreme Court of Pakistan (2014) 17(6) Intl Arbitration L Rev 61. ... (SCP) but this comment is limited to the critical analysis of the grounds which SCP used to assume the jurisdiction to adjudge the validity of that agreement.

Read More
How Pakistan lost $6 billion on a gold mine - Asia Times

2021-1-18  The full details of the case are yet to be released by the tribunal. TCC’s website reveals that the Reko Diq Mining Project in Pakistan’s restive province of Balochistan had initiated to build and operate a world-class copper and gold open-pit

Read More
Pakistan fined Rs950 bn in Reko Diq case

2019-7-14  The Reko Diq case began when Tethyan Copper Company (TCC) mining contract with the Balochistan government was terminated by the Supreme Court, then headed by Iftikhar Muhammad Chaudhry.

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Why is govt in a hurry to pay TCC for Reko Diq? ISDS ...

2014-12-6  The Nawaz Sharif government is in an unnecessary haste to settle and pay millions, possibly billions, of dollars as compensation for the Reko Diq gold and copper mines to a discredited and ousted Canadian-Chilean mining consortium, a decision if made may resemble the infamous circular debt payment of Rs500 billion in the early days of the PML-N government.

Read More
Pakistan could make big money from gold mines, now it’s ...

2019-7-16  The $5.8 billion penalty in the Reko Diq case should make Pakistanis reconsider the military’s overwhelming presence in their lives. Pakistan’s recurrent economic crises are partly the product of general disdain towards pursuit of economic

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‘Roosevelt Hotel attached by court in Reko-Diq case ...

2021-4-5  ISLAMABAD: Pakistan's Roosevelt Hotel in New York (USA), owned by Pakistan International Airlines (PIA) has reportedly been indirectly attached by a court in Reko-Diq case.

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Investment Disputes: The Reko Diq Case

2020-2-24  Reko Diq area is valuable for its natural wealth, it is equally significant for the local indigenous population because of their cultural attachment to the land. The case note recommends other approaches for resolving foreign investment disputes which Pakistan can take into consideration. Case Background Facts

Read More
Case for International Law - The Friday Times - Naya Daur

2021-4-9  Reko Diq Case. The International Center for Settlement of Investment Disputes (ICSID) of the World Bank gave about $6 billion (Rs950 billion) award against Pakistan in the Reko Diq case. The ICSID rendered a huge $4 billion fine and around $2 billion in interest and costs. This is perhaps the biggest award in the history of the ICSID.

Read More
Reko Diq Case: Another Intervention from Supreme Court

2015-10-5  Reko Diq Case: Another Intervention from Supreme Court of Pakistan (2014) 17(6) Intl Arbitration L Rev 61. ... (SCP) but this comment is limited to the critical analysis of the grounds which SCP used to assume the jurisdiction to adjudge the validity of that agreement.

Read More
How Pakistan lost $6 billion on a gold mine - Asia Times

2021-1-18  The full details of the case are yet to be released by the tribunal. TCC’s website reveals that the Reko Diq Mining Project in Pakistan’s restive province of Balochistan had initiated to build and operate a world-class copper and gold open-pit

Read More
Bearing the Burden: The Cost of Reko Diq Disaster - The ...

2019-8-2  Bearing the Burden: The Cost of Reko Diq Disaster. Balochistan’s government is in no position to pay the fine. Yet, it cannot avoid it either, writes Adnan Aamir. O n July 13, Balochistan was in the news again. This time it was for the damages awarded to

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Expropriation: Pakistan's Message to Foreign Investors ...

The message in the Reko Diq case is that a cash-strapped government with limited sources of revenue will seek to protect its long-term interests by either seizing high profile foreign exchange generating projects or renegotiating them.

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Pakistan fined 6 billion dollars in the Reko Diq case

2019-7-14  Some other players involved or want a stake in exploitation of Reko Diq mine are China, Saudi Arabia, and Pakistani armed forces. (PC: Dawn) According to satellite imagery published by ThePrint, Chinese state-owned companies are exploiting the

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Pakistan could make big money from gold mines, now it’s ...

2019-7-16  The $5.8 billion penalty in the Reko Diq case should make Pakistanis reconsider the military’s overwhelming presence in their lives. Pakistan’s recurrent economic crises are partly the product of general disdain towards pursuit of economic

Read More
‘Roosevelt Hotel attached by court in Reko-Diq case ...

2021-4-5  ISLAMABAD: Pakistan's Roosevelt Hotel in New York (USA), owned by Pakistan International Airlines (PIA) has reportedly been indirectly attached by a court in Reko-Diq case.

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News room – SGC Septentrio Global Consulting

May 25: Reko Diq case: British Virgin Islands court unfreezes PIA assets May 24: Ulema Board to launch awareness campaign on blasphemy laws: Ashrafi May 04: Summary finalised for special courts to conclude rape cases in 120 days

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