Russian Arbitration Moves East As BRICS Arbitration Court Mooted Russia needs to better secure its arbitration reach by both developing Bilateral Investment Treaties with Global South nations, and / or establishing a BRICS arbitration centre. We can expect a flurry of BIT agreements being signed in the coming months.

The “South China Sea arbitration” violates fundamental principles of international law, including state consent and pacta sunt servanda, contravenes UNCLOS itself, and, still more importantly, runs counter to the basic facts of the South China Sea. The so-called “award” is nothing but a worthless piece of paper that is illegal, null and void, and has no binding force. China does not accept or recognize the “award,” and opposes and does not accept any claim or action based on it. China’s territorial sovereignty and maritime rights and interests in the South China Sea shall not be affected by the “award” under any circumstances. If the “award” were to be taken as a standard, many countries’ islands and reefs would be denied the basis for claiming maritime rights and interests. May we ask, have those countries supporting the “award” voluntarily waived the maritime rights and interests deriving from their relevant islands and reefs? China urges the relevant countries to earnestly respect China’s territorial sovereignty and maritime rights and interests in the South China Sea, stop stirring up trouble over the South China Sea issue, and cease undermining peace and stability in the South China Sea. 🔗

The Indian government has categorically rejected an arbitration ruling which said the country must uphold a decades-old water-sharing treaty with Pakistan and limit construction on a hydroelectric project in the disputed Kashmir region. Read more:

A former PricewaterhouseCoopers LLC principal appeared likely to avoid arbitration of her sexual harassment claims against the accounting giant after a federal appeals court panel scrutinized the nature of the dispute.

South Korea prevails in a 260 billion won arbitration dispute involving a Chinese investor, according to media reports. The final ruling delivers a major legal win for Seoul and removes a potentially significant financial liability.