Pakistan resolves longstanding dispute with Tethyan Copper Company (TCC) concerning the development of copper and gold mines in Chagai, popularly known as the Reko Diq dispute
the Civil Aviation Authority allowed the legal team to visit Pakistan and at the request of the Attorney General's Office, the Director Air Transport issued the permit.
The Tethyan Cooper Company (TCC) approached the High Court of Justice in the British Virgin Islands for the enforcement of the $5.97 billion award against Pakistan
Office of the Attorney General for Pakistan says Pakistan is vigorously contesting these proceedings using all available legal resources
The World Bank’s International Centre for Settlement of Investment Disputes (ICSID) last year ordered Pakistan to pay damages of $5.84 billion to Tethyan Copper
In a statement, the spokesperson revealed that serious irregularities were also found in the allotment of land and other matters by the officials of the finance department, and the accused also confessed to taking financial benefits in this regard.
The World Bank's ICSID on July 13, 2019, announced 700-page judgment regarding $5.976 billion (Rs 944.21 billion) award against Pakistan in the Reko Diq case.
