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The 2024 China International Investment Arbitration Permanent Forum Annual Meeting will be held in Chengdu

2024-10-28

The 2024 China International Investment Arbitration Permanent Forum Annual Meeting will be held in Chengdu

It is reported that this year's conference is organized by the China International Economic and Trade Arbitration Commission (CIETAC), the China Permanent Forum on International Investment Arbitration (PCA), the United Nations Commission on International Trade Law (UNCTAD), and the International Investment Arbitration Commission (IIAC)arbitrationCo hosted by the Center for Dispute Resolution (ICSID) and jointly organized by the Sichuan Branch of CIETAC and the School of International Law of China University of Political Science and Law, with support from other member institutions of the Permanent Forum and the Law School of Sichuan UniversityNearly 200 representatives from government departments, arbitrators, scholars, lawyers, corporate legal professionals, university faculty and students, entrepreneurs, and others attended the conference in person, and the entire process was live streamed online.
At the opening ceremony, Anna Joubin Bret, Secretary General of UNCTAD, Yu Ning, Deputy Inspector General of the Treaty and Law Department of the Ministry of Commerce, Wang Chengjie, Deputy Director and Secretary General of CIETAC and Chairman of the Permanent Forum, delivered speeches on site, and Martina Polasek, Secretary General of ICSID, delivered a video speech.

At the annual meeting venue.
In his speech, Yu Ning stated that the current development of international investment rules is at a crossroads. In recent years, investment facilitation rules have made gratifying progress in multilateral and bilateral occasions, and the concept of sustainable development is increasingly being incorporated into new investment agreements. However, the number of newly concluded investment agreements is at a low level, and there are many differences among countries on how to develop investment rules.Faced with the complex situation, China believes that the original intention of concluding an investment agreement cannot be abandoned. Investment agreements can expand the power boundaries of host countries, provide stable legal expectations for foreign investors, protect their legitimate rights and interests, and promote the flow of global investment and regional economic development. In the current context of weak global economic growth, it is even more necessary to maintain a balance between safeguarding policy supervision and protecting the legitimate rights and interests of investors, guide investment rules to develop towards a more liberal, convenient, and rational direction, and balance promotion and protection. Investment agreements can play a positive role in promoting investment flows and promote the formation of a more open, inclusive, and sustainable global economy.
This conference brings together nearly twenty top and most representative international and domestic investorsarbitrationLegal experts, focusing on discussionsinvestor,It is also an important part of improving the global investment governance system. Establish a fair and efficient international investment dispute resolution mechanism through ISDS mechanism reform, balancing the legitimate rights and interests of investors with the sovereignty and public interests of the host country、Maintaining a healthy and stable international investment order is the common expectation of the international community。In addition, the annual meeting also discussed how to handle the environment in investment disputes in the field of international investment law、How to adapt investments to the development of the digital economy and promote the free flow of data while protecting data security in order to implement sustainable development goals through social and government governance (ESG) issues,How to promote the application of investment facilitation clauses and improve investment efficiency is of great practical significance.
At the annual meeting, the "Annual Report of the Permanent Forum on China International Investment Arbitration (2022-2023)" was officially released. The annual report is published by China Rule of Law Press and gathers information on China's international investment laws and regulationsarbitrationFrontier research and latest achievements in the field.
The Permanent Forum was initiated by CIETAC in 2019 and collaborates on international investment law research and investmentarbitrationSeven leading domestic universities and four law firms in the practical field were jointly establishedCurrently, there are 14 member institutions,CIETAC is the chairman unit。The Permanent Forum is the first national platform for international investment legal theory and practice research cooperation in China,It is also the first professional research platform for international investment arbitration in China。

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