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Belt and Road Arbitration Institutions to Build Cooperation Mechanism

Mon, 15 Nov 2021
Categories: China Legal Trends

The China Arbitration Week in 2021 was held from Sept. 10 to Sept. 17 in Beijing and other places. During the week, CIETAC initiated the Cooperation Mechanism of the Beijing Joint Declaration of the Belt and Road Arbitration Institutions (Cooperation Mechanism)(“一带一路”仲裁机构北京联合宣言合作机制)(合作机制), which was jointly reached by 32 overseas arbitration institutions and organizations and 15 domestic arbitration institutions.

The member institutions of the Cooperation Mechanism will adopt flexible cooperation methods to hold various activities, including meetings, training, information exchanges, academic research, mutual recommendation of experts, qualified personnel training.

These activities are designed to promote the innovation and development of ‘one-stop’ diversified dispute resolution service integrating arbitration, meditation, and litigation; to promote the promotion and application of arbitration and diversified dispute resolutions in countries and regions along the Belt and Road; to promote research and exchanges in the field of dispute resolution among countries and regions along the Belt and Road; to promote the development and reform of arbitration laws in countries and regions along the Belt and Road; and to promote the optimization and cultivation of qualified personnel to resolve disputes concerning the Belt and Road Initiative.

 

 

Cover Photo by gabriel xu on Unsplash

Contributors: CJO Staff Contributors Team

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