Author: Sam Blay**
Published: December 1997
| Jurisdiction: China |
Topics: Parties |
Description: As far back as 1956, the People’s Republic of China established the Foreign Trade Arbitration Commission (FTAC). Under the FTAC Rules, the Commission was vested with exclusive authority to arbitrate disputes concerning “foreign trade” between “foreign firms, companies or other economic organizations on the one hand and Chinese firms, companies or other economic organizations on the other.”
*Current Developments
**LLB; LLM; PhD: Professor of Law, University of Technology, Sydney, Australia. I would like to express my appreciation to Mr. Zhu Jianlin, Secretary, CIETAC; Mr. Guiguo Wang, Vice-Chairman, CIETAC and Mr. Chen Min, Vice Secretary General, CIETAC for their helpful discussions during my visit to the CIETAC head office on the recent developments in the CIETAC Rules.