Epaper – December 25 ISB 2020

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PAKISTAN TODAY WISHES ITS READERS A

MERRY CHRISTMAS

Friday, 25 December, 2020 I 9 Jumada Al-Awwal, 1442 I Rs 15.00 I Vol XI No 176 I 12 Pages I Islamabad Edition

Civil-military leadership reiterate resolve to defend motherland 'at all Costs' g

PM IMran, arMy chIef, ISI DG DIScuSS InDIa'S ProvocatIve MeaSureS, IncluDInG ceaSefIre vIolatIonS alonG loc

ISLAMABAD

t

STAFF REPORT

he country’s civil and military leadership, while taking note of ceasefire violations and frequent provocative measures from Indian forces along line of control (loc), resolved to ensure the defence of the motherland “at all costs” with nation’s support. During a meeting between chief of army Staff (coaS) General Qamar Javed Bajwa and Prime Minister Imran Khan in the federal capital on thursday, which encompassed professional matters pertaining to Pakistan army and external and internal security situation, ceasefire violations and frequent provocative measures from Indian forces along line of control (loc) were discussed, a statement from the Prime Minister's office (PMo) read. Inter-Services Intelligence (ISI) Director-General

(DG) lt General faiz hamid was also present during the meeting. “It was resolved that defence of the motherland will be ensured with the support of the entire nation at all costs,” the statement read. they expressed concern over continuous human rights violation in Indian occupied Kashmir (IoK). earlier in the day, the foreign office (fo) spokesperson, in his weekly press briefing, quoted the prime minister, who had “once again made it absolutely clear that if India were to be reckless enough to undertake any misadventure against Pakistan, it would confront a strong Pakistani national resolve and be given a befitting response at all levels of the threat.” the spokesperson urged the international community to advise India against any irresponsible act and to desist from any action that would jeopardise regional peace and stability.

Virgin Islands court approached for enforcement of Reko Diq award against Pakistan

NewS DeSk tethyan cooper company (tcc) has approached the British virgin Island’s high court for the enforcement of the $5.97 billion award against Pakistan by the International centre for Settlement of Investment Disputes (IcSID) in the reko Diq case. earlier on november 20, the company had moved the high court for the enforcement of the award which includes attachment of the assets belonging to the Pakistan International airlines Investment ltd (PIaIl) — a company which is also incorporated in the British virgin Islands. then, on December 16, the virgin Islands high court passed an ex parte order regarding the attachment of Pakistani institutions’ assets, barring

Pakistan from selling these assets. however, the attorney General for Pakistan’s (aGP) office has assured that the country is vigorously contesting these proceedings using all available legal resources while the government is also working on settling the matter amicably. “Without prejudice to such engagements, Pakistan has reiterated that the government will vigorously pursue proceedings initiated by the company in any jurisdiction and the government reaffirms its commitment to protecting national assets wherever they may be located,” a statement by the aGP’s office said. In July 2019, an IcSID tribunal granted an award of nearly $6 billion against Pakistan for denying a mining lease to an australian company, tethyan copper company (tcc). Immediately thereafter, tcc commenced proceedings for the enforcement of the award. In november 2019, Pakistan challenged the penalty and initiated proceedings seeking its annulment. reko Diq town in Balochistan’s chagai district is famed for its mineral wealth, including gold and copper. the incumbent government considers it a strategic national asset, though instead of yielding a bonanza the reko Diq mining project may cost the country dearly. the World Bank’s IcSID is currently considering Pakistan’s appeal against enforcing the penalty over its cancellation of the reko Diq mining lease for tethyan copper corp, a 50-50 joint venture of Barrick Gold corp of australia and antofagasto Plc of chile.

Pakistan hits highest single-day death toll from virus during second wave g

111 DIe of coronavIruS-relateD coMPlIcatIonS aS PaKIStan recorDS 2,256 freSh caSeS ISLAMABAD/LAHORe STAFF REPORT

the government portal keeping track of the coronavirus outbreak in Pakistan on thursday posted 111 fatalities from covid-19-related complications in the last 24 hours, the highest single-day toll since the beginning of the second wave effectively in november. Previously, the number of daily casualties crossed the milestone of 100 only once when the country witnessed 105 people pass away from the contagious disease on December 15. the highest single-day death toll was recorded on June 20 when 141 patients lost their lives while the country was in the midst of the first wave. So far, 9,668 people have lost

their lives to the virus. Meanwhile, the nation recorded 2,256 fresh infections of the coronavirus after conducting 37,173 tests — a positivity ratio of 6.07 per cent. the rate is determined on the basis of positive cases per 100 samples for coronavirus. During the last 24 hours, some 2,361 covid19 patients were found to be in critical condition across the country. the highest transmission rate was observed in Karachi standing at 12.45 per cent followed by Peshawar at 10.96 percent and abbottabad 7.81 per cent, the latest data issued by the national command and operation centre (ncoc) said.

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