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How to Cite
China International Commercial Court (CICC) in the Context of Commercial Disputes under Belt and Road Initiative: Organizational Structure, Rules and Jurisdiction
Abstract
Belt and Road Initiative (hereinafter called BRI) is increasing the regional connectivity of China and encouraging trade. It is regarded as China's ongoing nationwide and comprehensive socioeconomic expansion strategy for forging innovative imperatives through the promotion of overseas trading and investments. The happening of commercial disputes is very common with the increase of international commercial transactions and the Chinese government is well aware of this fact. That’s why, Chinese Government has established “China International Commercial Court” (hereinafter called CICC) through the “Supreme People’s Court” (hereinafter called SCP) as a mode of resolving cross border commercial conflicts with the objectives that Such a platform must be considered as relatively impartial, globalized, reliable, effective, and fair, with appropriate experience for settling complicated and high-stakes transnational corporate cases relating to BRI. Keeping in view the importance of the CICC for BRI, organizational structure, legal rules and jurisdiction of CICC will be the center of discussion in this research paper.
Authors
Kashif Imran Zadi
Assistant Professor, Department of Law, The University of Management & Technology, Lahore, Pakistan
Usman Hameed
Associate Professor, Department of Law, The University of Management & Technology, Lahore, Pakistan
Sunbal Islam Chaudhary
Assistant Professor, Department of Law, The University of Management & Technology, Lahore, Pakistan
Keywords
Belt and Road Initiative (BRI), China International Commercial Court (CICC), Jurisdiction, Supreme People’s Court (SCP)