The Silk Road Economic Belt and the 21st-Century Maritime Silk Road (B&R), introduced by President Xi Jinping in 2013, is a strategic framework for China’s deeper engagement and participation in the world’s economic and trade activities designed for mutual benefits. Since 2013, China has signed 170 inter-governmental cooperation agreements with 122 countries and 29 international organisations. During this time, Chinese enterprises have been actively implementing the "going global" strategy, thus becoming the main driver behind the B&R.
As early as in 2017, King & Wood Mallesons (KWM) and the KWM Institute jointly issued the Think Tank Report: Legal Practice under the Belt & Road Initiative, providing a summary of challenges and practical solutions for governments and enterprises involved in B&R projects.
The third instalment of the series, Think Tank Report: Law and Practice under the Belt & Road Initiative III continues our analysis of legal systems, risks and representative cases across investment, project contracting, project financing, and dispute resolution in key B&R countries. The report embodies KWM’s first-hand collective experience and knowledge gained in the process of providing legal services to clients. It is structured into two parts: the first part is a summary of KWM lawyers' experience and professional advice in overseas investment and project contracting over the recent years. The second part is an in-depth interpretation and analysis of laws, policies and cases across a number of specific B&R countries.
This publication, written by KWM’s lawyers with rich practice experience in B&R projects, is expected to provide some meaningful and insightful reference for public and private organisations participating in the construction of the Belt and Road Initiative.
Chinese version only