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ARTICLE · 14 FEBRUARY 2024

Strengthened Collaboration Between BVI And PRC: A Precedent Of Enforcing A PRC Arbitral Award

Carey Olsen
Carey Olsen
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Carey Olsen

Carey Olsen

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The British Virgin Islands and the People's Republic of China are both contracting states to the 1958 New York Convention on the Recognition and Enforcement of Foreign...

GlobalLitigation, Mediation & Arbitration

The British Virgin Islands and the People's Republic of China are both contracting states to the 1958 New York Convention on the Recognition and Enforcement of Foreign Arbitral Awards ("New York Convention 1958"). These two jurisdictions recently forged closer ties, with the BVI International Arbitration Centre and the Shenzhen Court of International Arbitration ("SCIA") signing a cooperation agreement on 11 January 2024.

In tandem with the increasing collaboration between these two jurisdictions in the realm of international arbitration, the BVI High Court handed down its judgment in Qu Haiping v Window of Trade International Limited & Ors BVIHCOM 2022/0169 ("Window of Trade") on 29 December 2023, where the BVI Court enforced an arbitration award (the "Award") of the SCIA in the BVI.

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