On 9 August 2012, after two years of negotiation, Mainland Chinese and Taiwanese negotiators signed the Cross-strait Bilateral Investment Protection and Promotion Agreement ("IPA"). The IPA is expected to promote cross-strait economic exchanges, and to attract more Mainland Chinese investors into Taiwan and vice-versa. Given the sensitivity of cross-strait relations (China does not recognise Taiwan as an independent state), the IPA does not expressly incorporate international arbitration in the list of dispute resolution mechanisms available under the agreement – despite Taiwan having pressed for its inclusion. However, there are a number of other dispute resolution mechanisms, including mediation, available to investors under the IPA.
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Key contacts
Simon Chapman KC
Managing Partner, Disputes, Asia and Australia, Hong Kong
Andrew Cannon
Partner, Head of International Arbitration, London and Paris
Dr Patricia Nacimiento
Partner, Germany
Kathryn Sanger
Partner, Head of Disputes, China and Japan and Head of Private Capital, Asia, Hong Kong
Thierry Tomasi
Partner, Paris
Christian Leathley
Partner, Head of International Arbitration, US, London and New York
Craig Tevendale
Partner, Head of Energy Sector, London
Gitta Satryani
Managing Partner, Singapore Office, Singapore
Disclaimer
The articles published on this website, current at the dates of publication set out above, are for reference purposes only. They do not constitute legal advice and should not be relied upon as such. Specific legal advice about your specific circumstances should always be sought separately before taking any action.