30 November 2020
SIAC Signs Memorandum of Understanding with the Hainan International Arbitration Court


The Singapore International Arbitration Centre (SIAC) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with the Hainan International Arbitration Court (HIAC) to promote international arbitration as a preferred method of dispute resolution for resolving international disputes.

The MOU was signed in a virtual signing ceremony on 30 November 2020, by Ms Lim Seok Hui, Chief Executive Officer of SIAC, and Mr Wang Xuelin, Chairman of HIAC. The signing was witnessed by Dr Ellis See, Second Director, Legal Industry Division, Ministry of Law, Singapore, and Mr Li Yongli, Secretary of CPC Committee, Justice Department of Hainan Province, China.

Under the MOU, SIAC and HIAC will work together to jointly promote international arbitration to serve the needs of businesses. SIAC and HIAC will co-organise conferences, seminars and workshops on international arbitration in China and Singapore, and will invite key members of their local arbitration community to attend and participate in major events organised by SIAC in Hainan or by HIAC in Singapore.

Both institutions will, upon request and where appropriate, provide recommendations of arbitrators to each other, and will, upon request, conduct training programmes for each other’s staff.

Mr Wang Xuelin, Chairman of HIAC, said, “Singapore and Hainan are both free trade ports. We are confident that this MOU will provide a springboard for both institutions to jointly develop ‘best-in-class’ dispute resolution services in response to the evolving needs of users in China and other Belt & Road economies.”

Ms Lim Seok Hui, CEO of SIAC, commented, “We are delighted to be entering into this MOU with HIAC, and look forward to working closely together to jointly promote international arbitration as the preferred dispute resolution mechanism for cross-border commercial and investment disputes.”

Please click here for Chinese translation.


For more information, please contact:

Singapore International Arbitration Centre
T: +65 6713 9777
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W: www.siac.org.sg


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