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Pakistan must pay a total of US $ 5.840 Billion including interest to TCC in damage : ICSID

Sad. This is a very big amount. If Pakistan doesn't pay it, its FDI will end and there shall be strict action against Pakistan. Pakistan should find a way out.
 
Sad. This is a very big amount. If Pakistan doesn't pay it, its FDI will end and there shall be strict action against Pakistan. Pakistan should find a way out.

1. Government will likely appeal it to let linger for more years. Not sure if it's a possibility.

2. If not then, fine would have to be paid over 5-10 years I imagine, so still...
 
So now international courts/tribunals have jurisdiction over judgments of local courts of a country?
 
Pakistan will appeal against the verdict as per the local news which will linger the case for few more years.

are you optimistic about verdict will be in favour of Pakistan if appealed ?
 
1. Government will likely appeal it to let linger for more years. Not sure if it's a possibility.

2. If not then, fine would have to be paid over 5-10 years I imagine, so still...
Well then the interest would only grow and your ratings would be downgraded and that would cause in depreciation of rupee and the amount will only grow. A bad mix.
 
Dont we have any lawyers on this forum, who could give us a better insight, into the next course of action?
 
Dont we have any lawyers on this forum, who could give us a better insight, into the next course of action?
If you lose the appeal dont you have to bear the expenses of the opposing party in International Agencies ?
 
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