Speech by SJ at 3rd Anniversary of Opening of AALCO Hong Kong Regional Arbitration Centre (English only)(with photo)
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Mr Nick Chan (Director of the AALCO Hong Kong Regional Arbitration Centre), heads of AALCO disputes resolution centres, distinguished guests, ladies and gentlemen,
A very good afternoon. It is both an honour and a privilege to stand before you today as we mark a significant milestone - the third anniversary of the AALCO Hong Kong Regional Arbitration Centre. Over the past three years, AALCO Hong Kong has not only flourished but has also become a cornerstone of Hong Kong's reputation as a world-class destination for international dispute resolution. Today, we celebrate not just an institution, but a shared vision: a future where Hong Kong continues to maintain and strengthen our status as an international legal and dispute resolution services centre in the Asia-Pacific region and beyond.
Three years ago, AALCO's choice to establish its newest regional arbitration centre in Hong Kong reflected AALCO members' resounding confidence in our city's rule of law, legal talent, and many other unique advantages as an international financial centre and legal services and disputes resolution centre under the principle of "one country, two systems", and of course, also Hong Kong's location, being the heart of the Greater Bay Area (GBA) development and an important gateway of the Belt and Road Initiative.
Since its establishment, AALCO Hong Kong has made significant contributions in enhancing Hong Kong's regional arbitration capabilities. By providing a neutral and efficient platform for dispute resolution, AALCO Hong Kong has facilitated the settlement of cross-border commercial disputes, reinforcing confidence in the legal systems of Asian and African economies.
AALCO Hong Kong has also organised various seminars and training programmes for capacity building of dispute resolution professionals and international collaboration by working closely with governments, arbitral institutions, and legal bodies to harmonise arbitration practices across different jurisdictions, especially in the GBA and the Belt and Road regions. For example, we are very happy to see that AALCO Hong Kong supported the Second Instalment of the 7th Belt and Road Conference hosted by the Law Society of Hong Kong, which featured engaging and fruitful dialogues in promoting a peaceful dispute resolution worldwide.
I wish to extend my deepest congratulations and gratitude to AALCO, the legal community, and all stakeholders who have supported AALCO Hong Kong's growth. This milestone is not just a proof to AALCO Hong Kong's achievements over the past three years, but also a reflection of Hong Kong's growing role as a leading hub for international legal and dispute resolution services in the Asia-Pacific region and beyond. As we look ahead, the demand for arbitration and alternative dispute resolution (ADR) services will grow, driven by increasing cross-border trade, Belt and Road Initiative projects, digital economy disputes, and international sports events.
Let us reaffirm our commitment to advancing the edge of arbitration, promoting ADR, and building a more interconnected legal and dispute resolution landscape for Asia, Africa, and beyond. To conclude, I wish AALCO Hong Kong many more years of success. Thank you.
Ends/Tuesday, June 10, 2025
Issued at HKT 18:16
Issued at HKT 18:16
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