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Topic

Balochistan govt

Barrick to restart Reko Diq; penalty to be waived

Barrick to restart Reko Diq; penalty to be waived

Updated 21 Mar, 2022 12:11pm
  • Pakistan resolves longstanding dispute with Tethyan Copper Company (TCC) concerning the development of copper and gold mines in Chagai, popularly known as the Reko Diq dispute
Major win for Pakistan and PIA as Virgin Islands court unfreezes airline's assets

Major win for Pakistan and PIA as Virgin Islands court unfreezes airline's assets

Published 25 May, 2021 11:11pm
  • The High Court of British Virgin Island has withdrawn its earlier decision to freeze Pakistan International Airlines assets in connection with the Reko Diq case.
  • In 2019, the Inter­national Centre for Settle­ment of Investment Disp­utes (ICSID), had announced a huge award of $5.976 billion against Pakistan in the Reko Diq case.
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