Dispute Resolution Mechanism for the Belt and Road Initiative by Guiguo Wang (En

Description: Dispute Resolution Mechanism for the Belt and Road Initiative by Guiguo Wang, Mei-Fun Leung, Yuk-Lun Lee This book examines resolution of the disputes between both sides of Belt and Road economic cooperation. To address the problems surrounding legal guarantee and dispute resolution, the International Academy of the Belt and Road has gathered almost 50 experts from over 30 Belt and Road countries and regions to utilize current advances in the dispute resolution mechanism, taking into account the legal systems, legal environment and historical and cultural characteristics of Belt and Road countries and regions. The dispute resolution mechanism presented advocates giving priority to mediation when a dispute arises—arbitration is necessary only when mediation is ineffective. In addition, arbitration should be highly transparent, show respect to both contracting parties, and be equipped with an appeal system. This hands-on book offers detailed explanations of mediation rules, arbitration rules and appeal procedures. On the one hand, this mechanism embodies the integrationof the cultures, traditions, legal systems, legal values and legal thoughts of Belt and Road countries and regions. On the other hand, it highlights the importance of mediation, which not only is the idea of oriental culture carrying forward traditional Chinese culture, but also follows the trend of dispute resolution. As a result, the dispute resolution mechanism established in this book is beneficial to the development of the Belt and Road Initiative. FORMAT Paperback LANGUAGE English CONDITION Brand New Back Cover This book examines resolution of the disputes among the parties to the Belt and Road economic cooperation. To address the related issues, the International Academy of the Belt and Road gathered about 50 experts from over 30 Belt and Road countries and regions to formulate a dispute resolution mechanism for the Belt and Road Initiative by taking into account the legal systems, legal environment, legal history, tradition and cultural characteristics of the countries and regions concerned. The dispute resolution mechanism jointly presented advocates mediation as the primary means for resolving disputes. Only when mediation could not result in a fruitful solution would arbitration be employed. In case of investor-state arbitration, the mechanism indicates that it should be conducted transparently to meet the expectation of accountability of the host state. It also has a built-in appeal procedure for investor-state arbitration. This hands-on book offers detailed explanations of the mediation rules, arbitration rules and appeal procedures. On the one hand, this mechanism embodies the integration of the cultures, traditions, legal systems, legal values and legal thoughts of the Belt and Road countries and regions. On the other hand, it highlights the importance of mediation, which is part of the Chinese and other oriental cultures and reflects the trend of the contemporary world. The dispute resolution mechanism established in this book will not only contribute to the development of the Belt and Road Initiative but also the world dispute settlement enterprise as a whole. Author Biography Guiguo Wang is University Professor and Scholar of "1000 Talents", Zhejiang University, in Hangzhou, China; President of International Academy of the Belt and Road (Hong Kong, China); EasonWeinmann Chair of International and Comparative Law, School of Law, Tulane University, in New Orleans, USA . Yuk Lun Lee is Vice President of International Academy of the Belt and Road (Hong Kong, China); chairman2017/2018of Tung Wah Group of Hospital; Honorary Permanent President of Hong Kong Commerce and Industry Associations, China. Mei-Fun Leung is Vice President of International Academy of the Belt and Road (Hong Kong, China); Associate Professor of City University of Hong Kong; member of Hong Kong Legislative Council; Chair of Hong Kong Basic Law Education Association, China. Table of Contents The Process.- The Background: Existing Systems.- Preparations for a B&R Dispute Resolution Mechanism.- Rules on B&R Dispute Resolution.- Annexes.- Appendices. Feature Provides a "one-stop" dispute resolution model that covers intergovernmental disputes, investment disputes and commercial disputes in order to improve the efficiency of dispute resolution, and avoid procedural duplication and high costs Combines mediation, which reflects oriental cultures and values, and arbitration Considers mediation as a prerequisite for initiating arbitration so as to not only solve problems peacefully and efficiently, but also maintain a harmonious environment of continuous cooperation Details ISBN9811519773 Author Yuk-Lun Lee Pages 160 Language English Year 2021 ISBN-10 9811519773 ISBN-13 9789811519772 Format Paperback Publication Date 2021-01-24 Publisher Springer Verlag, Singapore Edition 1st Imprint Springer Verlag, Singapore Place of Publication Singapore Country of Publication Singapore Translated from Chinese UK Release Date 2021-01-24 Illustrations 53 Illustrations, color; 2 Illustrations, black and white; XXIV, 160 p. 55 illus., 53 illus. in color. Edition Description 1st ed. 2020 Alternative 9789811519741 DEWEY 347.09 Audience Professional & Vocational We've got this At The Nile, if you're looking for it, we've got it. With fast shipping, low prices, friendly service and well over a million items - you're bound to find what you want, at a price you'll love! TheNile_Item_ID:134005101;

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