The Belt & Road Initiative also known as the Silk Road Economic Belt and the 21st-century Maritime Silk Road, is a development strategy and framework, proposed by Chinese President Xi Jinping. It is a broad and extensive outbound investment strategy that focuses on connectivity and cooperation among countries primarily between China and the rest of Eurasia, which consists of two main components, the land-based “Silk Road Economic Belt” and oceangoing “Maritime Silk Road”.

CMAC aims to serve the Belt and Road Initiative with its high-quality arbitration and mediation services. The risk of outbound investment is often high, especially when the international investment projects under Belt & Road Initiative involves multi-parties and multi-jurisdictions. It is always critical to select an effective and efficient dispute resolution mechanism. International arbitration is the most effective and most widely-used dispute resolution mechanism for cross-border disputes. Selecting a reputable arbitral institution and seat in the dispute resolution clause is an important aspect of effective risk mitigation.

The Belt & Road Initiative is always open for cooperation, so are CMAC’s efforts. CMAC signed cooperation MOUs or plans with other institutions all around the world, to establish an international commercial disputes resolution mechanism well-suited for projects under the Belt & Road Initiative.