Islamabad [Pakistan], April 1 (ANI): The Pakistan government has approved the tax exemption on the payment of USD 900 million to Chile's firm, Antofagasta, under an exit deed for the settlement of the Reko Diq dispute.
Islamabad [Pakistan], March 17 (ANI): A US court has dismissed Pakistan's motion to stay enforcement of USD 6 billion penalty imposed against the country in the Reko Diq case by the International Centre for Settlement of Investment Disputes (ICSID) in July 2019, according to a media report.
Islamabad [Pakistan], May 27 (ANI): A British Virgin Islands (BVI) High Court on Tuesday released the frozen assets of Pakistan International Airlines (PIA) hotels in Paris and Manhattan from a USD 6 billion pay-out to Tethyan Copper Company (TCC) in Reko Diq case verdict reversal.
Islamabad [Pakistan], December 25 (ANI): Mining firm Tethyan Copper Company (TCC) on Thursday has approached the High Court of Justice in the British Virgin Islands against Pakistan in the Reko Diq case.
Islamabad [Pakistan], July 15 (ANI): A World Bank arbitration court has imposed a penalty of over five billion dollars on Pakistan for unlawful denial of a mining lease to a company for the Reko Diq project in 2011.
Karachi [Pakistan], Mar. 22 (ANI): An arbitration tribunal of the World Bank's International Center for Settlement of Investment Disputes (ICSID) has ruled against Pakistan with regard to the unlawful denial of a mining lease for the Reko Diq project in 2011.