HKIAC caseload statistics published
In a report published on 24 May 2018, the Hong Kong International Arbitration Centre has released its caseload statistics for 2017, reporting the highest-ever number of cases administered at the center.
ICSID enters Cooperation Agreement with the SCIA
On June 26 2018, ICSID entered into an Agreement on General Arrangements with the Shenzhen Court of International Arbitration (SCIA). The Agreement was signed on behalf of ICSID by Meg Kinnear, Secretary-General, and on behalf of SCIA by Liu Xiaochun, President of the SCIA.
The Agreement is based on Article 63 of the ICSID Convention and provides the possibility for holding of ICSID hearings at SCIA facilities, reinforcing ICSID's truly global presence and services. The Agreement also encourages knowledge sharing between ICSID and SCIA and exchange of information and publications in the field of arbitration, conciliation, and other alternative methods of dispute resolution.