ICDPASO Members’ Joint Event ——Seminar on Risk and Dispute Prevention Mechanisms in Global Industrial Chains Was Successfully Held

c Risk and Dispute Prevention Mechanisms in Global Industrial Chains was successfully held in Beijing. The seminar, themed around “Exploring Joint Commercial Dispute Prevention under China–ASEAN–GCC Framework”, was hosted by ICDPASO, the Malaysia-China Business Council (MCBC, ICDPASO Council member), and the Asian Institute of Alternative Dispute Resolution (AIADR, member of ICDPASO Advisory Committee). The event was co-hosted by the Secretariat of Maritime Silk Road Central Legal District and the Law School of Central University of Finance and Economics (CUFE), with support from the All China Lawyers Association (ACLA, ICDPASO Council member), and special sponsorship from Chance Bridge Law Firm.

The Opening Remarks session was chaired by Mr. Jason CHIA, Secretary-General of ICDPASO. Mr. YU Jianlong, Chairman of ICDPASO, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT), and Tan Sri Dato' Low Kian Chuan, Chairman of MCBC, delivered opening remarks.

In the Keynote Speech session, Datuk Professor Sundra Rajoo, President of AIADR, emphasized the increasing importance of establishing dispute resolution mechanisms centered on prevention as economic and trade ties between China, ASEAN, and the GCC countries continue to deepen. He noted that AIADR will collaborate with ICDPASO through cross-border training, rule-making, and online platform development to jointly foster an efficient and fair commercial dispute resolution ecosystem.

During the Announcement of Achievements session, the Memorandum of Understanding between ICDPASO and AIADR and the Memorandum of Understanding between Secretariat of the ICDPASO and Law School of CUFE were signed in the presence of distinguished guests.

The Panel Discussion session was moderated by Dato' Quek Ngee Meng, Managing Partner of Halim Hong & Quek (HHQ) Law Firm. Mr. Teoh Kok Lin, Founder and Chief Investment Officer of Singular Asset Management, Deputy Chairman of the Malaysian Association of Asset Managers; Professor DONG Xinyi, Professor of the Law School of CUFE; Director of the Research Center for Science, Technology and Financial Law of CUFE; and Mr. PU Jie, Vice Chairman of the Arbitration and Mediation Professional Committee of ACLA, shared insights on risk prevention along the financial services industry chain from perspectives including regulatory overview, legal collaboration, and virtual currency. Dr. Emad Hussein, Arbitrator of Saudi Centre for Commercial Arbitration (SCCA), Qatar International Center for Conciliation and Arbitration (QICCA), Dubai International Arbitration Center (DIAC), Mr. WANG Xuehua, Chief Partner of Beijing Huanzhong & Partners Law Firm, and Datuk Professor Sundra Rajoo, President of AIADR, Global ADR Expert engaged in online and offline discussions on commercial dispute resolution under the China-ASEAN-GCC frameworks.

In the closing remarks, Mr. Jason CHIA, Secretary-General of ICDPASO, extended heartfelt thanks to all supporting organizations and participating guests. He expressed his hope that the outcomes of the seminar would translate into concrete actions and affirmed ICDPASO’s commitment to deepening cooperation with all parties to enhance cross-border legal risk management mechanisms, thereby contributing to a more secure, stable, and sustainable global industrial chain.

As ICDPASO’s first members’ joint event, the seminar attracted nearly 70 guests from business associations, the legal sector, enterprises, and ICDPASO members across China, ASEAN, and GCC countries, who joined both online and in person. Looking ahead, ICDPASO will continue to strengthen its collaboration with global members, promote the institutionalization of joint activities, and work toward the broader implementation of practical outcomes. Through such efforts, ICDPASO aims to advance the harmonization of international commercial rules and contribute to the development and improvement of the global multilateral cooperation system.