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The First Session of Experts Committee for BRICS Dispute Resolution Shanghai Center Successfully Held

The first session of the Experts Committee for BRICS Dispute Resolution Shanghai Center was also held in the course of the second BRICS Legal Forum, with members of the Component Personnel from CLS, Supreme People’s Court of PRC, Supreme People's Procuratorate of PRC, All China Lawyers Association, High People’s Court of Shanghai, Shanghai People's Procuratorate, Office of Legislative Affairs of Shanghai, ECUPL, SHIAC, Shenzhen International Court of Arbitration, Brazilian Bar Association, Russian Federation Notary Association, Bar Association of India, Africa ADR and others presenting at the session.

 

The Experts Committee for BRICS Dispute Resolution Shanghai Center is constituted of twenty-four expert members. The Experts Committee is established to guide and guarantee the operation of BRICS Dispute Resolution Shanghai Center, summarize and exchange on the work and activities of BRICS Dispute Resolution Shanghai Center through periodic meetings, promote and drive forward the amiable cooperation and sustainable development of finance, investment and trade among BRICS countries.

The session of the Experts Committee was moderated by Mr. Li Zhigang, vice-Chairman of SHIAC. Mr. Yang Jianrong, Chairman of SHIAC, delivered a commencing speech, in which he introduced the establishment of BRICS Dispute Resolution Shanghai Center with focuses on sharing academic fruits, expanding expert resources and coordinating promotion for arbitration, etc. Mr. Ma Yi, vice-Chairman and Secretary General of SHIAC, introduced the draft Rules of Procedures for the Experts Committee of BRICS Dispute Resolution Shanghai Center. The Experts Committee discussed and passed by the Rules of Procedures. Mr. Bao Shaokun, vice-president of CLS, issued the certificate of appointment to the Component Personnel of Experts Committee and delivered a concluding speech, affirming the efforts of SHIAC towards a coordinated alternative dispute resolution mechanism among the BRICS countries, suggesting in-depth legal research and arbitration cooperation by the legal experts of BRICS countries. Mr. Bao Shaokun also talked on the possibility of setting up similar dispute resolution mechanisms in other BRICS countries, so as to provide internationalized and professional legal guarantee for parties of BRICS countries. During the session, participating experts offered good suggestions on perfecting the liaison mechanism of the Experts Committee, discussed on the development plans for BRICS Dispute Resolution Shanghai Center and shared their respective country’s experience and practices in alternative dispute resolution.

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