Pakistan
Business Recorder | 25-Oct-2021
Under the new template, federal government would not be liable for private investor disputes. Mediation would be made compulsory, while foreign arbitrators would be decided in advance through consensus.
Dawn | 22-Oct-2021
Pakistan will renegotiate all bilateral investment treaties (BITs) on the basis of new BIT template being finalised by the government, a top official of the Board of Investment said.
The Express Tribune | 18-Oct-2021
Turkish construction company Bayindir filed a claim under the 1995 Turkey-Pakistan bilateral investment treaty at the ICSID on October 12.
IISD | 11-Oct-2021
Pakistán, según se ha informado, resolvió terminar 23 de sus 48 tratados bilaterales de inversión cuyo plazo de duración inicial ha finalizado.
IISD | 11-Oct-2021
Le gouvernement du Pakistan aurait décidé de mettre fin à 23 des 48 TBI du pays, dont la durée initiale a été atteinte. Par ailleurs, le pays ne ratifiera pas 16 TBI déjà signés mais pas encore entrés en vigueur.
Dawn | 13-Aug-2021
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.
AFTINET | 11-Aug-2021
Pakistan decided to review the entire BIT situation in 2013, and to develop a new model BIT.
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.
