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Russia Turns East: the Use of Hong Kong Arbitration for Russian Disputes

https://doi.org/10.17803/2313-5395.2017.2.8.458-480

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Abstract

Faced with the Western sanctions, Russia has launched its “pivot to Asia” policy, which has prompted many Russian companies to look for business opportunities and funding resources in the East. Russian businesses’ growing commercial activity in Asia accelerates a potential shift way from their traditional preference for arbitration in Europe. Against this background, Hong Kong has emerged as a viable alternative to host Russian-related disputes. Hong Kong’s premier arbitral institution, the Hong Kong International Arbitration Centre, has also taken active steps to develop a system that provides a fair, sophisticated and sanctions-free framework to arbitrate Russian parties’ disputes.

About the Authors

Teresa Cheng Gbs Sc Jp
Honourary Chairperson, Hong Kong International Arbitration Centre; Senior Counsel & Arbitrator, Des Voeux Chambers
Russian Federation


Joe Liu
Managing Counsel, Hong Kong International Arbitration Centre; Wuhan University (LLB); London School of Economics and Political Science (LLM); New York University (LLM)
Russian Federation


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Review

For citation:


Teresa Cheng Gbs Sc Jp ., Joe Liu . Russia Turns East: the Use of Hong Kong Arbitration for Russian Disputes. Kutafin Law Review. 2017;4(2):458-480. https://doi.org/10.17803/2313-5395.2017.2.8.458-480

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ISSN 2713-0525 (Print)
ISSN 2713-0533 (Online)