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Research on Foreign-Related Commercial Dispute Settlement Mechanism of the Belt and Road Initiative
- 1 Fujian Agriculture and Forestry University
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Abstract
This paper examines the current mechanisms and challenges in resolving foreign-related commercial disputes under the Belt and Road Initiative (BRI). It begins with an overview of the existing dispute resolution mechanisms, including the China International Commercial Court (CICC) and the "One-Stop" platform, highlighting their roles and limitations. The study then explores the differences between domestic and international mediation enforcement systems, the obstacles faced by foreign arbitration institutions entering the Chinese market, and the jurisdictional and functional limitations of the CICC. Drawing lessons from the WTO and the Singapore Convention on Mediation, the paper proposes several improvements: establishing a national-level BRI International Commercial Mediation Center, developing a comprehensive online dispute resolution platform, and enhancing the training and integration of foreign-related legal talents. By implementing these recommendations, the BRI dispute resolution mechanism can become more effective, fair, and internationally credible, thus supporting the smooth progression of the BRI.
Keywords
Belt and Road Initiative, foreign-related commercial disputes, dispute resolution mechanism, China International Commercial Court
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Cite this article
Chen,J. (2024). Research on Foreign-Related Commercial Dispute Settlement Mechanism of the Belt and Road Initiative. Lecture Notes in Education Psychology and Public Media,65,27-37.
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Volume title: Proceedings of the 3rd International Conference on International Law and Legal Policy
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