ISDS Case Map
Pakistan
Protests have erupted in Pakistan’s port city Gwadar against a severe shortage of water and electricity and threats to livelihoods, part of a growing backlash against China’s multibillion-dollar belt and road projects in the country.
Terminating 23 BITs is an important step for Pakistan, but if relationships with the WTO, the IMF and the World Bank remain, economic efficiency will continue to be prioritised over social justice and the rights of citizens.
Pakistan decided to review the entire BIT situation in 2013, and to develop a new model BIT.
The Board of Investment (BoI) is all set to sign treaties with foreign countries in line with the new Bilateral Investment Treaty (BIT) template, which was approved by Prime Minister Imran Khan last week, sources said.
Decision aimed at avoiding international arbitration with foreign firms .
Pakistan and Bahrain agreed to start talks on a free trade agreement for trade liberalisation and increasing the volume between the two countries.
Pakistan and Bahrain will sign a memorandum of understanding for the promotion of trade and investment opportunities during the second session of Pak-Bahrain Joint Ministerial Commission.
Thailand aims to conclude talks on a free trade agreement (FTA) with Pakistan by the end of this year.
Pakistan and Uzbekistan on Wednesday agreed to finalise bilateral Preferential Trade Agreement (PTA) within three months to further boost bilateral trade volume.
Pakistan Prime Minister has approved the new Bilateral Investment Treaty template whereby any dispute will now be remedied through local arbitration.
