10 ASIAN LEGAL BUSINESS – JUNE 2023 WWW.LEGALBUSINESSONLINE.COM BROUGHT TO YOU BY CIETAC 中国-拉丁美洲国际仲裁论坛成功举办 China-Latin America International Arbitration Forum Successfully Held On May 30, 2023, China-Latin America International Arbitration Forum (“the Forum”) was successfully held in Beijing. The Forum was organized by China International Economic and Trade Arbitration Commission (CIETAC) and supported by 10 arbitration institutions and international organizations from Latin America and Spain. Wang Chengjie, Vice Chairman and Secretary General of CIETAC and José María Alonso, Chairperson of the Madrid International Arbitration Center (CIAM), attended the opening ceremony and gave the opening remarks. María Agnes Salah, Vice President of the CAM Santiago Board of Directors, gave the opening remarks online. Zhang Shuming, Deputy Chief Judge of the Fourth Civil Division of the Supreme People’s Court of China (SPC), attended the opening ceremony and delivered the keynote speech. Diplomats of Embassy of the Republic of Chile (Chile), Embassy of the Republic of Peru (Peru) and Embassy of the Republic of Argentina (Argentina) attended the opening ceremony and the following sessions. Gu Yan, Vice President of CIETAC Arbitration Court, was the moderator of the opening ceremony. The scene of the forum In his opening remark, Secretary General Wang Chengjie noted that in recent years, the cooperation between China and Latin America has been more consolidated. So far, 21 Latin American countries have signed the “Belt and Road” cooperation documents with China. Despite that the world economic environment is complicated and volatile, the trade and investment volume between China and Latin America has been growing steadily, becoming a global highlight. In this context, cross-border commercial disputes gradually arose. As an internationally accepted dispute resolution mechanism, arbitration plays an important role in resolving disputes and promoting international economic and trade cooperation. As the first foreignrelated arbitration institution in China, with more than 60 years of experience in foreign-related commercial dispute resolution, CIETAC has maintained advanced arbitration rules, a panel of professional arbitrators and provided diversified dispute resolution services in handling China-Latin America commercial disputes. thus is able to meet the constantly changing needs of the parties to resolve disputes. In the future, CIETAC hopes to strengthen cooperation with more Latin American institutions, continue to stimulate the innovation of rules and practices, strengthen talent training and team building, and improve international communication, so as to make arbitration play its due role in promoting the economic and trade development, and ensuring the stability and prosperity of of China and Latin America. Wang Chengjie, Vice Chairman & Secretary General of CIETAC, giving the opening remark Chairperson José María Alonso pointed out in his remark that 2023 is the 50th anniversary of diplomatic relations between China and Spain. In recent years, the two countries have carried out extensive and in-depth cooperation in the economic and trade. CIETAC and CIAM has maintained the friendship for a long term. The two sides hope to take the Forum as an opportunity to further explore effective cooperation and contribute to the development of dispute resolution in hispanic countries. (Left) José María Alonso, Chairperson of CIAM, giving the opening remark; (Right) María Agnes Salah, Vice President of the CAM Santiago Board of Directors, giving the opening remark Vice President María Agnes Salah said that China and the Chile have maintained a long friendly diplomatic relation. The two countries have signed the free trade agreement. China has become one of the most important trade partners of Chile. In the face of a range of commercial disputes brought about by frequent trade and economic exchanges, CIETAC and CAM Santiago shall work together to provide services with higher quality to meet the evolving demands for dispute resolution. In his keynote speech, Deputy Chief Judge Zhang Shuming, the Fourth Civil Division of the SPC, gave a presentation on the practice of Chinese courts in supporting and supervising arbitration. He stated that in recent years, Chinese courts have continued to improve the system of judicial review on arbitration and promote the unification of the standards of judicial review; to hear cases concerning judicial review on arbitration in accordance with the law and clarify the rules of adjudication for new types of disputes; to support the innovation of the international trade and economic arbitration system and promote the popularization of arbitration and the internationalization of