9 billion penalty by an arbitration tribunal of the

October 1, 2016 · 0 Comments

Pakistan has been slapped with a $5.9 billion penalty by an arbitration tribunal of the International Centre for Settlement of Investment Disputes (ICSID). The tribunal had ruled against Pakistan in 2017. Now it has announced its calculation of the award that Pakistan is required to pay to the claimant, the Tethyan Copper Company (TCC).

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