ASSESSMENTS
Pakistan Struggles to Make Good on a Golden Opportunity in Balochistan
Aug 8, 2019 | 09:00 GMT
(SSPL/Getty Images)
Highlights
- Until Pakistan and the Tethyan Copper Co. settle their dispute, development of the country's Reko Diq gold and copper mine will languish, leaving a potentially abundant revenue stream dry.
- Growing foreign investment in the sector will heighten the need for an effective dispute resolution mechanism.
- Unless Pakistan implements the necessary reforms to attract foreign investment, the country's mining sector will not grow beyond its current 3 percent contribution to Pakistan's gross domestic product.
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