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Vision and Goals
To provide a top-level truly neutral dispute resolution process to enhance and facilitate China-related trade and investment matters for the international business and legal community worldwide.
To solve China-related disputes in a truly international and economic way with respect to cultural differences in order to sustain global business relationships rather than bringing these to an end.
Function
CEAC serves as a twofold tool to the business and legal community: - Firstly, during the negotiation of an international contract which has a (direct or indirect) relation to China or a China related party*, the CEAC Arbitration Clause and the CEAC Choice of Law Clause assist the parties to agree on a truly neutral dispute resolution process supplemented, if so desired by the parties, by the choice of a neutral law.
- Secondly, if a dispute arises, the CEAC administers an institutional arbitration which both safeguards equal treatment of the parties and provides efficient dispute resolution.
________________________________________________________ *The purpose of CEAC is broad. Any relation of the contract to China, a Chinese party, China-trade, Chinese investments outside China or foreign investments in China is sufficient. According to Article 1 CEAC Hamburg Arbitration Rules, CEAC will respect a choice of the parties to arbitrate any dispute according to the CEAC Hamburg Arbitration Rules.
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