ISDS Case Map
Pakistan
Several aspects of Reko Diq deal with Barrick Gold are still concealed and Balochistan is not aware of the details of the agreement, say civil society members and politicians from the region.
In 2019, the ICSID tribunal had given an award over $6 billion against Pakistan to the TCC. At the same time, the London Court of Arbitration also imposed another $4 billion fine on Pakistan.
Washington DC’s District Court has dismissed Pakistan’s motions for stay enforcement of $6 billion award against the country in Reko Diq case.
Islamabad wants more concessions exclusive to its products.
The United States on Monday raised issues related to taxation, transparency, good governance and intellectual property rights during discussion in Trade and Investment Framework Agreement (TIFA).
Pakistan and the United States (US) are all set to hold parlays on bilateral trade and investment under the umbrella of Trade and Investment Framework Agreement (TIFA) on March 7-9, 2022.
Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100%.
Pakistan is in the process of signing a bilateral investment treaty with Hungary and the first round of negotiations were held in Islamabad, Minister of State and Chairman Board of Investment said.
There have been several rounds of negotiation between the two countries on finalizing the PTA, and also an exchange of potential trade lists between the two countries.
China and Pakistan on Friday signed a new agreement on industrial cooperation as part of the China Pakistan Economic Corridor (CPEC) plan during Prime Minister Imran Khan’s on-going visit to Beijing.
