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Hong Kong’s Chief Executive affirms importance of arbitration

In his annual Policy Address, delivered earlier today, C Y Leung the Chief Executive of the Hong Kong SAR emphasised the importance of dispute resolution services to Hong Kong.  He observed that this was consistent with Hong Kong’s tradition of the rule of law.  He noted that during 2014, the China Maritime Arbitration Commission established an office in Hong Kong, its first branch office outside the Mainland. The Central Government and the HKSAR Government have recently signed the Host Country Agreement and the related Memorandum of Administrative Arrangements respectively with the Permanent Court of Arbitration on the conduct of dispute settlement proceedings in Hong Kong by the Court.  He pledged the Government’s commitment to actively further advance development in the area of dispute resolution.

A full copy of the Policy Address can be found here.