extended to Singapore's International Commercial Court in the not so distant future. This would be another step towards cementing Singapore's position not just as a leading international arbitration hub, but also as a prime destination for international commercial dispute resolution.
In Hong Kong the new Bill is also timely given that Hong Kong is the "super conductor" in the PRC's rapidly developing Belt and Road initiative, which many are anticipating will generate more investments and trade which in turn is likely to lead to an increase in activity in the dispute resolution market in Hong Kong.
this article was originally published by Addleshaw Goddard and recently updated in Lexology
Jamie Harrison Head of Singapore Office, International Arbitration Singapore
Secy Cheung Associate, Dispute Resolution Hong Kong
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