ISLMABAD: President Dr. Arif Alvi on the advice of the Prime Minister Shehbaz Sharif accorded approval to the summary for filing a reference in the Supreme Court of Pakistan in the Reko Diq Project on Wednesday.
Earlier the Apex Committee, headed by Minister for Finance and Tethyan Copper Company Pakistan (Private) Limited shareholders had agreed to a framework for settlement and revival of the Reko Diq Project in March 2022.
The Federal Cabinet in a meeting held on 30th Sept 2022 had approved the filing of Reference to the Supreme Court of Pakistan under Article 186 of the Constitution with respect to two questions of law of public importance.
That is whether the earlier judgment of the Supreme Court reported as Maulvi Abdul Haque Baloch versus Federation of Pakistan, the Constitution of Pakistan’s laws or public policy prevent the Government of Pakistan and the Balochistan government from entering into the Reko Diq Agreements or affect their validity?
And If enacted, would the proposed Foreign Investment (Protection and Promotion) Bill, 2022 be valid and constitutional?
