AIIB conference focus on dispute resolution

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Professor Georg Nolte meets with AIIB President Jin Liqun to discuss the importance of the rule of law in both the effectiveness and mandate of multilateral development banks such as the AIIB.
Professor Georg Nolte meets with AIIB President Jin Liqun to discuss the importance of the rule of law in both the effectiveness and mandate of multilateral development banks such as the AIIB.

More than 80 top-level counsel ensured the growth and success of the Asian Infrastructure Investment Bank’s (AIIB) second Legal Conference and Law Lecture, held on 5-6 September, at AIIB Headquarters in Beijing.

The theme of this year’s conference, chaired by AIIB’s head of corporate law, Peter Quayle, was one essential to large-scale infrastructure projects: International Organizations and the Promotion of Effective Dispute Resolution.

“Dispute resolution needs to be timely, efficient and legitimate to succeed,” Quayle told Asia Business Law Journal. “MDBs [multilateral development banks] should lead the way. The highlight of the AIIB Legal Conference is the combination of authoritative practitioners and leading scholars, an encounter which is unusual elsewhere and which contributes to informed but rigorous analysis and problem-solving.”

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