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China Network Radio (CNR): The Launch of the First Mediation Centre for Belt and Road

一带一路服务机制BNRSC Published 2016-10-19 14:20 Prev Next


The China Network Radio (CNR) reported on October, 19th(Reporter: Hongqiao Lv): the first mediation centre for Belt and Road, namely Beijing Retio Legal and Commercial Service for Belt and Road Initiative as well as the Commercial Mediation Centre have recently come into existence. The centre was initiated by Beijing DeHeng Public Welfare Foundation in combination with China Chamber of Commerce of Metals Minerals & Chemicals Importers & Exporters (CCCMC) , China Overseas Development Association (CODA) and China International Chamber of Commerce for Private Sectors (CICCPS). It performs the legal and policy research and study for Belt and Road, cooperates, communicates, provides legal and business consultation, training and commercial mediation as well as undertakes the commission.


The mediation centre undertakes the duty of Mediation Committee of the Belt and Road Service Connections under the Belt and Road International Commercial Mediation Rules, in order to assist the parties of the disputes and to settle the dispute through on-and off-line in the Belt and Road international commercial conflicts.


"Up to now the investment by China for Belt and Road in corresponding states has amounted to 51.1 billion dollars. China has already signed 12,500 engineering contracts. " Commented Li Wang, the director of the Centre in her speech, "however, disputes and risk exist in the investment cooperation. Besides the political, religious and cultural risks, the most outstanding are the legal and financial risks, which require the resolution legally, efficiently and conveniently. "


Feng Chen, Chairman of CCCMC pointed out: “Chinese companies frequently encounter anti-trust, anti-dumping and Countervailing in international market, sometimes even hard battle. The establishment of Beijing Retio Legal and Commercial Service for Belt and Road Initiative offers a new option urgently needed by the companies for the dispute solution with lower cost.


In the meanwhile, Belt and Road International Commercial Mediation Centre Online Mediation System (www.bnrsc.com) officially started.


The online system of the Mediation Center is a platform integrating the internet supporting technologies of application for mediation, appointment of mediators, mediation process and production of mediation documents together with the functions of introduction of mediation rules, case studies, mediation resource integration, online mediation, and the connection of litigation and mediation. It is online dispute mediation system of integration and share of all resources. The online dispute resolution (ODR) platform provides a more efficient work platform for both the parties and mediators with higher mediation efficiency and lower cost. It is a useful try for diversified dispute resolution mechanism. Up to now, 106 mediators have logged onto the International Commercial Online Mediation System and officially provided their services.


It is learnt that the parties of the BNRSC should first submit their disputes to the Belt and Road international commercial mediation centre for mediation according to the mediation rules if they have any disputes or disagreements. If the mediator gives up the mediation or the disagreement or dispute can not be settled through mediation, the parties of the disputes can submit their dispute or disagreement to arbitration or law suit. The mediation with harmonization as the core value is the diversified dispute solution mechanism created with Chinese philosophy and wisdom.


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