Ricoh Dick Project, A Gift From God

 

Ricoh Dick Project, A Gift From God

Monday 21st March was a very good day for Pakistan but the debate on the no-confidence motion in the country is so intense that it has gripped the whole nation. He could not pay full attention to the important issue that should have been given, similarly, on Monday a huge game-changer problem for Pakistan was solved. The company working on the Ricoh Dick project had a dispute some time ago which resulted in an 11 billion fine being imposed on Pakistan. On Monday, March 21, Prime Minister Imran Khan announced the end of the dispute with the company working on the Ricoh Dick project and the end of the 11 billion fine. 

The Prime Minister wrote on Twitter that after ten years of legal battles and negotiations Finally, congratulations to the people of Pakistan and Balochistan on the successful agreement with Barrack Gold for the development of Ricoh Dick Cane. He said an 11 billion fine was set off and  10 billion would be spent on the project, which would create 8,000 new jobs, adding that Ricoh Dick was probably the largest gold and copper producer in the world. The project will free us from debt and usher in a new era of growth and prosperity, said Mark Bristow, president of the Barracks Gold Company. Reko Dick is a small town in the Chaghi District of Balochistan, about 70 km from the Nokandi area near the Iran-Afghanistan border. Means sandy hill. An ancient and dead volcano in the same area is also called by the same name. The same area is known as the "Tethyan Belt", which runs from Iran through Turkey to Europe and is considered to be one of the most important gold and copper deposits in the world. The copper and gold deposits in the region are the fifth largest in the world in terms of volume. What was According to the new agreement, Pakistan's share in mining revenue is also 50%? 

According to the previous agreement, it was 25%. Out of the 50 percent share received by Pakistan, 25 percent will go directly to Balochistan. Under the terms of the new agreement, Barrack Gold Company will rehabilitate and develop the Ricoh Dick project in partnership with Pakistani companies. 

Will 25 percent of the federal government will go to the three state-owned enterprises, which will be equally distributed among the SOS Oil and Gas Development Corporation, PPL, and GHPL. There are a number of reservations in this agreement as to who are the guarantors of the agreement with the Canadian company, such as the agreement reached by Ayub Khan on the distribution of river water from India, the World Bank is the guarantor on behalf of Pakistan. C. Companies or individuals will be in partnership with Barrack Gold. If they are honest people then the country will benefit otherwise it will become a burden. One thing is that it has not yet been determined how many gold and copper reserves there are in Ricoh Dick and how long they will last.

The distribution of Rekodak's revenue that half of its profits will go to the Canadian company Barrack Gold and the other half to the government of Pakistan, half of which will go directly to Balochistan. The objection is that according to the agreement with the Canadian company, what was given is fine, but the distribution of what Pakistan has received needs to be reconsidered. All the gold, silver, copper, petrol, gas, and other mineral reserves in the country belong to the people of Pakistan, so this gift of God should be distributed fairly. 

When Khomeini brought the Islamic Revolution to Iran, he carried out a number of reforms in Iran. That a percentage or part of the revenue of petrol will go to the government and so many percent of the Iranian people were opened bank accounts of every Iranian citizen for this and it was also decided that the account of the child that will be born will also be opened and Then the amount of petrol profit will continue to be transferred to the account of every citizen under an automated system. Appreciating this decision, we suggest that every Pakistani should open a bank account and a portion of the income from Pakistan's natural resources should be transferred to the account of Pakistani citizens so that we can see the fair distribution of God's gift here too.