IALS Lunchtime Seminar: Legal Challenges to the Belt and Road Initiative and Possible Solutions
17 Jan 2020, 12:15 to 17 Jan 2020, 14:00
Institute of Advanced Legal Studies, 17 Russell Square, London WC1B 5DR
Title: Legal Challenges to the Belt and Road Initiative and Possible Solutions
Speaker: Professor Wang Guiguo
The “Belt and Road” (B&R) initiative, which the Chinese Government officially announced in 2013, has generated much excitement not only within China but also internationally. The B&R aims at promoting economic cooperation among the participating countries. Most discussions relating to the B&R have focused mainly on the economic aspects, the importance of its legal aspects notwithstanding. Needless to say, unless the rights and obligations of the participating countries are clearly stipulated, the carrying out of economic collaborations envisaged by the B&R may suffer from uncertainty and unpredictability. Of special concern is the need to ensure the availability of timely and effective remedies for breaches of treaty and other obligations. While it is unrealistic to expect a comprehensive legal instrument in place at these initial stages, the B&R must work towards eventually adopting a legal framework applicable to all the participating countries. This talk will discuss some features of the needed legal framework against the backdrop of globalisation including the challenges that the B&R is likely to face and possible measures to meet some challenges in formulating the legal framework.
This seminar is free but advance booking is required.
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