The Economic Coordination Committee (ECC) has approved the implementationof Reko Diq project in a meeting presided over by Federal Minister forFinance Ishaq Dar.
Foreign investment will pour into the Reko Diq project in light of theverdict given by the Supreme Court.
Earlier, the apex court had declared an agreement signed between thePakistan government and two international firms — Antofagasta PLC andBarrick Gold Corporation — in March for the revival of the long-stalledReko Diq mining project as legal.
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The verdict was pronounced by a five-member bench, headed by Chief Justiceof Pakistan Umar Ata Bandial, on a presidential reference that sought thecourt’s opinion on whether a 2013 judgment by the apex court prevented thefederal and provincial governments from entering into the implementationagreement afresh.
