Pakistan
The Express Tribune | 5-Aug-2021
Decision aimed at avoiding international arbitration with foreign firms .
Dawn | 13-Jul-2021
Pakistan Prime Minister has approved the new Bilateral Investment Treaty template whereby any dispute will now be remedied through local arbitration.
The Express Tribune | 31-May-2021
The British Virgin Islands high court rejected the TCC plea for attachment of the Pakistan International Airlines assets but also imposed a $5 million cost as well as $50,000 penalty on the company.
The Express Tribune | 27-May-2021
Pakistan’s law minister said an out-of-court settlement with a mining company was not out of the question.
Dawn | 26-May-2021
The British Virgin Islands High Court ruled in favour of Pakistan in a case initiated by TCC for attachment of assets belonging to the Pakistan International Airlines, as part of its efforts for the enforcement of the Reko Diq award.
Dawn | 26-Apr-2021
Pakistan, which entered into its first BIT with Germany in 1959 — which also was the first BIT ever entered — has concluded 53 BITs with 48 countries.
Inequality.org | 23-Apr-2021
Pakistan is the latest to start withdrawing from international treaties that give corporations the power to sue governments over environmental and public interest regulations.
Business Recorder | 25-Mar-2021
Pakistan has reportedly decided to scrap most of its existing Bilateral Investment Treaties as these pacts are shrinking the government’s policy space with respect to adopting measures of public interest.
Business Recorder | 8-Feb-2021
Sources said that the government will have its own template for a BIT, which will replace the existing treaties with different countries.
The BVI Beacon | 27-Jan-2021
A Virgin Islands court has frozen shares in two hotels belonging to Pakistan’s national airline to enforce a $6 billion award levied through the World Bank’s ICSID.
