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Dispute Resolution Mechanism for the Belt and Road Initiative (Hardcover, 1st ed. 2020)
Loot Price: R3,684
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Dispute Resolution Mechanism for the Belt and Road Initiative (Hardcover, 1st ed. 2020)
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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 integration of 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.
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