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Pakistan Considers International Arbitration Against UAE's Etisalat Over $800 Million Debt

Google News - Legal UAE•
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Summary

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  • Pakistan is contemplating international arbitration against UAE's Etisalat regarding an unpaid amount of USD 800 million.
  • The decision comes as negotiations over the payment have stalled, prompting the Pakistani government to explore legal avenues.
  • This potential arbitration could escalate tensions between Pakistan and Etisalat, impacting future investments.
  • The outcome may set a precedent for similar disputes involving foreign investors in Pakistan.

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