The International Mediation Summit 2017 (“Summit”) is being organised and hosted by the China Council for the Promotion of International Trade (“CCPIT”) and Hangzhou Municipal Government next week. Details of the event, which is free of charge, are as follows:
Date: 18 and 19 Sept 2017 (Monday and Tuesday)
Venue: Hangzhou Marriott Hotel, Qianjiang, No. 399 Juyuan Road, Jianggan District,
Hangzhou City, Zhejiang, China
The Summit aims at promoting the use of commercial mediation internationally; enhancing global exchanges and cooperation in the field of mediation; and endorsing China’s “Belt and Road Initiative” and Chinese reforms in alternative dispute resolution mechanism.
During the Summit, a Memorandum of Understanding (“MOU”) and a Cooperation Agreement will be signed between the Bar Council Malaysian Mediation Centre (“BC MMC”) and CCPIT, with a view to promote the development of trade, investment and other forms of economic transactions between the People’s Republic of China and Malaysia.
This partnership will further promote mediation services for commercial disputes arising from international commercial relations between the People’s Republic of China and Malaysia, which would benefit both countries as well as the business community of the “Belt and Road Initiative” countries.
As part of the partnership, the Malaysia-China Business Mediation Centre (“MCBMC”) will be jointly set up by the representative mediation bodies in the two countries, namely CCPIT Mediation Center and BC MMC.
The formation of MCBMC is a step in the right direction of becoming an axis for cross-border commercial dispute resolutions under the “Belt and Road Iinitiative”.
The Malaysian delegation will be led by the President of the Malaysian Bar, George Varughese; and includes the Co-Chairpersons of the Bar Council Alternative Dispute Resolution Committee, Kuthubul Zaman Bukhari and Nachammai Kumarappan Chettiar; and members of the Committee, Christine Khor Meow Wei, Shanti Abraham and Serene Ong Si-Oui.