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September 18, 2020

Reko Diq dispute: World Bank panel grants stay on enforcement of award

Reko Diq dispute: World Bank panel grants stay on enforcement of award ISLAMABAD: The World Bank’s International Centre for Settlement of Investment Disputes has granted a stay on enforcement of the award issued against Pakistan in the Reko Diq dispute. This is a success for Pakistan and its legal team, says a press release from the office of the Attorney General for Pakistan.In July 2019, an ICSID Tribunal granted an award of nearly $6 billion against Pakistan for denying a mining lease...