Tashkent International Arbitration Center at the CCI of Uzbekistan for the first time participates in the Chinese Arbitration Week
08/11/2019 15:15
Tashkent International Arbitration Center at the CCI of Uzbekistan for the first time participates in the Chinese Arbitration Week
08/11/2019 15:15
Tashkent, Uzbekistan (UzDaily.com) -- As part of the Chinese Arbitration Week, which took place from 3-9 November 2019, Tashkent International Arbitration Center at the CCI of Uzbekistan (TIAC) has established strong ties with two leading arbitration centers in mainland China: with the Beijing Arbitration Commission (BAC) and with China International Commission on Economic and Commercial Arbitration (CIETAC), and also held a business meeting with representatives of leading Chinese corporations on the prospects for cooperation.
CIETAC, headquartered in Beijing, has played an important role in resolving cross-border disputes between Chinese and foreign parties since its inception in 1956. TIAC has signed a mutually beneficial cooperation agreement with CIETAC.
The parties agreed that they will exchange information and experience in the administration of trade, investment disputes in the field of commercial arbitration and other types of alternative dispute resolution. Also, both centers will exchange experts and conduct joint training sessions for everyone.
In the afternoon, TIAC held a joint reception with the BAC, which brought together more than one hundred legal advisers and attorneys practicing in China specializing in international commercial arbitration.
It should be noted that TIAC announced the appointment of an ambassador to China, whose tasks include raising awareness of Chinese companies about TIAC and all kinds of coverage of TIAC activities.
Miss Chin Yuhiu, who is the legal adviser to China State Construction and Engineering Corporation Ltd., which, in turn, is the largest construction company in the world in terms of revenue, became TIAC Ambassador.
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