Facing more than 35 investment dispute claims, the government has failed to deploy a substantial strategy
Pakistan’s performance at international investment dispute resolution forums in the recent years has been quite abysmal. Misplaced priorities, lack of interest and espousing short-term objectives at the cost of national and public interests have immensely damaged the country. Over the past few years, the government has faced over 35 investment dispute claims from foreign investors at various international arbitral forums. There is a disconcerting realisation that even if only half of these claims are decided against Pakistan, it would cost millions of dollars to the national exchequer in the form of compensation and legal fees.
Cabinet under PM meets
By Our correspondent
ISLAMABAD: The federal cabinet was informed on Tuesday that the National Asset Management Authority was being set up to keep a complete record of the state lands, retrieval of the government properties from illegal occupation and ensure their efficient use.
The meeting, held with Prime Minister in the chair, was told that the draft law had been sent for approval of the Ministry of Law and afterwards, the process of giving final shape to drafting law would begin.
During the meeting proceedings, various ministers said that thousands of acres of land belonging to the government departments like Civil Aviation, Railways, etc. were under illegal occupation.
THE STANDARD
OPINION
Kenya National Union of Teachers (Knut) Secretary-General Wilson Sossion and union chairman Mudzo Nzili with Teachers Service Commission CEO Nancy Macharia at a past function. [File, Standard]
Dispute prevention and resolution attract more attention today because they are critical for sound and productive employment relations worldwide.
Dispute resolution processes offer a collective bargaining resource to the interested parties and strengthen social partnerships. As conflict is inherent to, and inevitable in employment relationships, establishing effective dispute prevention and resolution processes is key to minimising the occurrence and consequences of workplace conflicts such as the one between Kenya National Union of Teachers (Knut) and the Teachers Service Commission (TSC).
A general introduction to oil and gas law in Ghana
Introductioni Historic overview
The upstream oil and gas activities in Ghana consist of exploration, development and production of oil and gas. These activities are undertaken in five sedimentary basins within Ghana s territorial areas made up of the Tano Basin and Cape Three Points Basin in the Western Region (mostly referred to together as the Western Basin), the Saltpond Basin in the Central Region, the Accra/Keta Basin and the Inland Voltaian Basin. The Western Basin, Saltpond Basin and Accra/Keta Basin are all offshore and have been explored. The Inland Voltaian Basin is onshore and has not been really explored.
Larsen And Toubro Limited vs Punatsangchhu-1 Hydroelectric on 11 December, 2020 indiankanoon.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiankanoon.org Daily Mail and Mail on Sunday newspapers.