HK ideal location for arbitration disputes with the Mainland

Wants to become international legal and dispute resolution services center.

Hong Kong is taking a keen interest in assisting the arbitration community to promote their services as part of its policy to promote itself as a center for international legal and dispute resolution services in the Asia Pacific region.

Secretary for Justice Rimsky Yuen, SC, said explained the importance of positioning oneself when promoting international arbitration. Using Hong Kong to illustrate this point, Yuen said Hong Kong is an ideal neutral venue best placed to handle arbitration involving disputes with Mainland China parties.

"With our strong English law tradition, independent but pro-arbitration judiciary, legislative framework based on the 2006 version of the United Nations Commission on International Trade Law Model Law as well as our extensive enforcement network based on the New York Convention, Hong Kong is an ideal neutral venue for conducting international arbitration in respect of disputes involving parties from Mainland China," he said.