Budidjaja International Lawyers (BIL) was honoured to welcome the visiting Board Members of China International Economic and Trade Arbitration Commission (CIETAC) on Saturday, 10 August 2019.
As one of the oldest and most experienced arbitration institution in the world, CIETAC has successfully fostered a diversified, dynamic and interdependent service system for multiple dispute resolution throughout the past 50 years.
Over the years, CIETAC has also made prominent contributions to the legislation of the Chinese Arbitration Law and the development of the arbitration practice in China.
The meeting has allowed both CIETAC and BIL to know each other better for the greater benefit of Alternative Dispute Resolutions (ADR) initiatives.
BIL’s Managing Partner, Tony Budidjaja further emphasized that the meeting was indeed timely, especially as the cross-border transactions between China and Indonesia experienced tremendous growth in the recent years.
During the occasion, CIETAC was also introduced to the Indonesian Academy of Independent Mediators and Arbitrators (MedArbId).
Vice Chairman Wang Chengjie addressed his positive feedback and enthusiasm upon learning that BIL and MedArbId share the same passion and commitment in excellence with CIETAC in the area of arbitration and mediation.
Our sincerest gratitude to the CIETAC team for taking the time to exchanged ideas and perspectives on the arbitration and mediation with BIL and MedArbId.
We hope that this will be the first of many future collaborations between CIETAC, BIL, and MedArbId in bringing positive impact to the community through effective dispute resolution efforts.
Our special thanks to the visiting Members of CIETAC:
Mr Wang Chengjie, Vice Chairman;
Ms Zhang Ye, Director of International Cases Division;
Mr Yao Junyi, Director of Supervision & Coordination Division;
Mr Zhang Yulin (Jerry), Director, Beijing Linli Law Office and Panel Arbitrator;
Ms Lu Fei, Deputy Director of Commission Affairs Division; and
Mr Brad Wang, Deputy Secretary General, CIETAC Hong Kong Arbitration Center