Dalian Energy and Mining Arbitration Court Officially Established
On March 28, 2024, Dalian International Arbitration Court (DIAC) successfully held the inauguration ceremony of Dalian Energy and Mining Arbitration Court (DEMAC) and a seminar on the theme of investment, trade and dispute resolution in the energy industry. Dalian Energy and Mining Arbitration Court”, the first energy and mining arbitration court in China, was officially established.
The State-owned Assets Supervision and Administration Commission of Liaoning, Jilin and Inner Mongolia Provinces, the New Energy Chamber of Commerce of the All-China Federation of Industry and Commerce, experts in the field of energy and mining, and representatives of enterprises and lawyers in related fields nationwide attended the meeting.
Mr. Zhang Libin, Partner-in-Charge of Foreign Affairs Department of Beijing King&Capital Law Firm, Mr. Zhang Qi, Attorney-at-Law, and Mr. Hua Yang, Director of Beijing King&Capital (Dalian) Law Firm, attended this event. Mr. Zhang Libin, as a senior expert in the energy industry and the director of the Expert Committee of the Energy and Mining Arbitration Institute of Dalian Law Firm, participated in the inauguration ceremony and seminar and delivered a speech, while Mr. Zhang Qi made a speech on the dispute resolution of Chinese enterprises' overseas projects and the future development direction of Dalian Law Firm.
In this event, Mr. Zhang Libin pointed out that the development of energy and mining industry needs high-efficiency rule of law guarantee and high-quality legal services, therefore Dalian International Arbitration Court selected and recruited domestic and foreign first-line legal experts in the field of energy and mining to set up Dalian Energy and Mining Arbitration Court, which is aimed at establishing a specialized and diversified dispute resolution mechanism in the field of energy and mining industry, and assisting in the prevention of legal risks and dispute resolution of investment and trade. In addition, Mr. Zhang Libin also made suggestions on the operation mechanism and work planning of the Expert Committee, emphasizing that the Expert Committee will assist in hiring outstanding arbitrators in the energy and mining industry and promote the latest development in this field.
Presentation of Appointment Letter
After the inauguration ceremony, Bi Fengyou, President of the Dalian International Arbitration Court, presented the appointment certificates to the members of the Expert Committee of the Dalian Energy and Mining Arbitration Court and posed for a group photo.
Dalian Energy and Mining Arbitration Court
The members of the Expert Committee of Dalian Energy and Mining Arbitration Court are: Zhang Libin (Senior Partner of Beijing King&Capital Law Firm), Du Jiangbo (General Counsel of China Petroleum & Chemical Corporation), Xiao Feng (Former General Manager of the Legal Affairs Department of China Minmetals Corporation), Chen Shouhai (Director of the Center for Oil and Gas Policy and Law of the China University of Petroleum (Beijing)), Qian Xuekai (Senior Partner of Dacheng Law Firm, Beijing), Omar Puertas (Partner, Groupe de Counsel, Spain) and ten other professionals.
Seminar
During the seminar, the Expert Committee of Dalian Energy and Mining Arbitration Institute (DEMAI) had a thorough discussion on the future operation mechanism of the Committee, and the expert members had an in-depth exchange of views on the positioning, functions and development direction of the Energy and Mining Arbitration Institute (EMAI).
In the seminar, Mr. Zhang Qi expressed his admiration and recognition of the innovative spirit of the Dalian Energy Arbitration Institute and its unique contribution to energy and mining dispute resolution. Mr. Zhang Qi pointed out that institutions such as the Dalian Energy and Mining Arbitration Court can meet the actual needs of the energy and mining industry, as well as bring a win-win situation for the industry, enterprises and lawyers. From the perspective of parties and enterprises, such an efficient and professional arbitration institution can effectively reduce the dispute resolution costs of Chinese enterprises and make up for the lack of position between Chinese and international arbitration institutions.
The guests had an in-depth discussion on the development trend of the energy industry, investment strategies, trade cooperation and dispute resolution, and at the same time, they actively made suggestions for promoting the reform and innovation of the arbitration system and the collaborative development of the energy and mining industries, and realizing the prevention of legal risks and dispute resolution of investment and trade in the field of energy and mining industry.
Conclusion
The establishment of Dalian Energy and Mining Arbitration Court is not only an important milestone in the development of Dalian arbitration, but also another important achievement in the construction of Dalian business environment under the rule of law, which plays a positive role in promoting the development of energy industry and optimizing the business environment in Dalian and even in the whole country, and it also has a positive significance in the innovation and expansion of legal services in new fields and new business. In the future, the Dalian Energy and Mining Arbitration Court will, through the mode of “industry chain + arbitration service”, actively play the radiation function of arbitration, actively docking Dalian, Northeast China and even the national development needs of the energy and mining industry, and build up a strong “professional service chain for dispute resolution in the domestic energy and mining industry”. “It will contribute to the healthy and stable development of the energy and mining industry!
