ISLAMABAD, Pakistan: President Dr. Arif Alvi on the advice of Prime Minister Shahbaz Sharif has accorded approval to the summary for filing reference to the Supreme Court of Pakistan under Article 186 of the Constitution of Pakistan, 1973 in the Reko Diq Project.
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 September 30, 2022 had approved the filing of Reference to the Supreme Court of Pakistan under Article 186 of the Constitution with respect to the following questions of law of public importance:- i. Whether the earlier judgment of the Supreme Court reported as Maulvi Abdul Haque Baloch v. Federation of Pakistan PLD 2013 SC 641, the Constitution of Pakistan, laws or public policy prevent the Government of Pakistan and the Government of Balochistan from entering into the Reko Diq Agreements or affect their validity? and ii. If enacted, would the proposed Foreign Investment (Protection and Promotion) Bill, 2022 be valid and constitutional?