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AIIB focuses on dispute resolution process

Sunday, 10th September 2018

"The Asian Infrastructure Investment Bank, a multilateral financial institution headquartered in Beijing, held an international legal conference in the capital this week to examine and promote effective dispute resolution.

Its efforts seek to develop robust dispute resolution mechanisms and to create a diverse intellectual environment from which the AIIB can take away useful lessons.

"We want to know what others have experienced, what lessons they have to teach us, and the areas where we could innovate, rather than just following past practices," said Peter Quayle, head of corporate law at the AIIB.

About 80 participants representing more than 20 different international organizations and financial institutions attended the 2018 AIIB Legal Conference that ended on Thursday. Representatives from the world's leading international arbitration centers, courts, tribunals and law firms also attended.

Paul Sandosham, a partner of global law firm Clifford Chance LLP, traveled to Beijing to attend the legal conference, the second the AIIB has organized."

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Web-link: http://www.ecns.cn/news/economy/2018-09-08/detail-ifyxtvir0547128.shtml
Language: English
Contact: Zhang Shiyu


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