Joint Cooperation Agreement Between CCPIT and HK Judiciary

In a recent talk hosted by the Hong Kong International Arbitration Center, the Secretary for Justice of Hong Kong, Mr. Wong Yang Lun, announced that on October 25, the Hong Kong Judiciary signed a Co-operation Arrangement with the Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), the body that oversees the China International Economic and Trade Arbitration Commission (CIETAC). According to the Secretary for Justice, “one of the aims of the Arrangement is to strengthen the co-operation between the arbitration and mediation bodies based in Hong Kong such as the HKIAC and their counterparts in the Mainland such as CIETAC.”  He shared that “this arrangement is yet another confirmation of the role of Hong Kong in providing legal services for and fostering legal cooperation with the Mainland as she continues to march into the global economy.”