Pakistan Enacts A Statute To Implement The ICSID Convention
The Islamic Republic of Pakistan is not foreign to defending investment claims. In order to restore investors’ confidence in its country, the Pakistani government has enacted on April 28, 2011 a law to secure foreign investment. The International Investment Disputes Act (the “Act”) has been qualified by the Pakistani president, Mr. Asif Ali Zardari, as “a giant leap forward” to create confidence amongst foreign investors.
Laurence Burger, « Pakistan Enacts A Statute To Implement The ICSID Convention », www.kluwerarbitrationblog.com, 16 juin 2011.