Opinion on Establishing International Commercial Dispute Resolution Mechanisms and Institutions for Belt and Road Projects
Scope of Application
Guidelines for the Chinese Government.
Purpose
Offers provisions to resolve commercial disputes arising from BRI projects.
Key Points on Stakeholder Engagement
The Chinese Government should:
- Establish commercial dispute resolution mechanisms and institutions that do the following:
- Encourage joint planning and openness.
- Create a fair, just, and efficient business environment.
- Account for the diversity of stakeholders involved in the BRI and of host countries’ laws and regulations.
- Protect the rights and interests of Chinese, host country, and other international stakeholders.