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Evaluation of Dispute Settlement Mechanism under the "Belt and Road" Policy

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DOI: 10.23977/jsoce.2023.050119 | Downloads: 26 | Views: 584

Author(s)

Xinyi Fan 1

Affiliation(s)

1 Wroclaw University, Wroclaw, Lower Silesian Voivodeship, Poland

Corresponding Author

Xinyi Fan

ABSTRACT

Since the introduction of the "Belt and Road" policy, it has received widespread attention from countries along the route. It has given a new connotation to the ancient "silk road". Under the strong promotion of China, it is supposed to inject new impetus into the further prosperity of the world economy. With the smooth progress of the "Belt and Road", international investment in the regions will surely generate relatively rapid growth. If there is an investment, there will be controversy, and the settlement of investment disputes has always been a matter that investors care about. The "Belt and Road" policy covers a huge area, has many participating countries, also there are significant economic, political, and cultural differences among countries. Therefore, the investment dispute settlement mechanism under it must have certain regional characteristics. If only simply copy the experience from the existed dispute settlement mechanism, to resolve investment disputes under this new situation, it is impractical to do so. In this regard, in the thesis, the author will make an analysis of the dispute under the "Belt and Road" policy, then introduce the current dispute resolution mechanism and evaluation of them, finally the author will give suggestions on how to perfect the dispute resolution mechanism under the "Belt and Road" policy. 

KEYWORDS

"Belt and Road" policy; Investment disputes; Dispute Resolution Mechanism; Good offices; Mediation; Arbitration; Appeal

CITE THIS PAPER

Xinyi Fan, Evaluation of Dispute Settlement Mechanism under the "Belt and Road" Policy. Journal of Sociology and Ethnology (2023) Vol. 5: 123-134. DOI: http://dx.doi.org/10.23977/jsoce.2023.050119.

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