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Dispute Resolution

CIETAC prepares for more active resolution of disputes – New CIETAC Arbitration Rules adopted

01/02/2012

On 3 February 2012, the China Council for the Promotion of International Trade and the China Chamber of International Commerce revised and adopted the new arbitration rules (“New Rules”) of the China International Economic and Trade Arbitration Commission (“CIETAC”). The New Rules will enter into effect on 1 May 2012. 
Seven years after the former revised CIETAC Arbitration Rules came into force on 1 May 2005, the largest international arbitration institution in the People’s Republic of China is now setting up a new procedural framework. 

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Source
China Insight - Dispute Resolution
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Authors

Lichtenstein
Dr. Falk Lichtenstein
Partner
Beijing