Pakistan signs deal to avoid $________bn penalty in Reko Diq case on 20 March 2022?
Correct answer: C. $11 billion
- A. $19 billion
- B. $9 billion
- C. $11 billion
- D. None of these
Explanation
The settlement of the Reko Diq dispute helped Pakistan avoid a penalty of about 11 billion dollars. The agreement also enabled the revival of the mining project through a restructured arrangement.
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About CPEC and Development Projects
The China-Pakistan Economic Corridor covers its routes, Gwadar Port, energy projects, transport links, industrial zones, digital connectivity and cooperation under its long-term development framework. The topic also includes major dams, highways, airports, power plants and other national projects, distinguishing CPEC initiatives from Pakistan’s broader public development programme.
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