In 2013, President Xi Jinping unveiled the Belt and Road Initiative (BRI), an ambitious plan to recreate the ancient Silk Road route to plough billions of dollars of investment into global infrastructure projects spanning 68 countries. Five years later, the lack of clarity around the broader vision of the project continues to make it difficult for foreign investors to assess and evaluate any involvement in the initiative.
While the BRI has been largely welcomed by the international community, many of the ongoing and proposed projects carry a particularly high risk profile. These projects are being undertaken in regions that are politically unstable, where physical security risks are high, and where the fairness and impartiality of the legal system is called into question.
In light of these associated risks, China is looking to develop legal mechanisms to bring some level of governance to the initiative and to ensure that Chinese companies and their interests are protected abroad. In this event Dr Mei Gechlik, Stanford Law School and Yu Yao, CIETAC Arbitration Court will assess the development of these emerging dispute resolution mechanisms and the impact they may have on alleviating concerns of international partners and investors.
Agenda
8:30 – 9:00 Registration and welcome coffee
9:00 – 9:05 Welcome remarks by European Chamber representative
9:05 – 9:20 Prevention and control of legal risks in the BRI, Manuel Torres Salazar, Partner, Garrigues China
9:20 – 9:30 Dispute Resolution and the BRI: The Supreme People’s Court’s Strategic Approach and its Implications for Practitioners, Dr Mei Gechlik, Founder and Director of the China Guiding Cases Project, Stanford Law School
9:30 - 9:40 BRI Initiatives within CIETAC, Yu Yao, Case Manager, Business Development Division of CIETAC Arbitration Court
9:40 – 10:30 Panel discussion and Q&A moderated by Ronan Diot, Chair of the Legal and Competition Working Group, European Chamber
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