1.

Record Nr.

UNINA9910373892003321

Autore

Wang Guiguo

Titolo

Dispute Resolution Mechanism for the Belt and Road Initiative / / by Guiguo Wang, Yuk-Lun Lee, Mei-Fun Leung

Pubbl/distr/stampa

Singapore : , : Springer Singapore : , : Imprint : Springer, , 2020

ISBN

981-15-1975-7

Edizione

[1st ed. 2020.]

Descrizione fisica

1 online resource (172 pages)

Disciplina

347.5109

Soggetti

Conflict of laws

Mediation

Dispute resolution (Law)

Conflict management

Social justice

Human rights

Area studies

Private International Law, International & Foreign Law, Comparative Law

Dispute Resolution, Mediation, Arbitration

Social Justice, Equality and Human Rights

Area Studies

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Nota di contenuto

The Process -- The Background: Existing Systems -- Preparations for a B&R Dispute Resolution Mechanism -- Rules on B&R Dispute Resolution -- Annexes -- Appendices.

Sommario/riassunto

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.