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Saindak Copper and Gold Project: Centre refuses to hand over ownership till 2018


Cites extend­ed agreem­ent with China as the main hurdle to the transf­er
TRIBUNE.COM.PK



“The Centre has said it cannot transfer the ownership of the Saindak project as long as the extended agreement between Pakistan and China remains intact,” Senator Mir Hasil Bizenjo, the president of the ruling National Party (NP), told The Express Tribune. Last year, Pakistan and China formally extended the 10-year agreement over the Saindak project by five years, pushing the commitment, which originally spanned between October 2002 and October 2012, till October 2017…. “It’s an international commitment,” said Senator Bizenjo. “We [Balochistan] cannot force the Centre to turn the project over to us,” he added. “We can only request that they give us the royalties promised to us under the AHB (Aghaz-e Haqooq-e Balochistan) package.”

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