On March 28, 2014, the first and second chairman meeting of the Guangdong, Hong Kong and Macao Commercial Conciliation Union (hereinafter referred to as the "Union") was held in Shenzhen International Arbitration Court. Representatives of the member organizations of the alliance gathered in Qianhai to discuss and deliberate on the issues of new members'joining, amendment of the constitution of the alliance, workflow of the acceptance and mediation of the alliance and joint training of mediators.
After unanimous adoption by the Presidential Meeting, the East Asia Branch of the Chartered Arbitration Society of Britain has become a new member of the Alliance, bringing the membership of the Alliance to 13 members; and Mr. Liang Weiqiang, a lawyer appointed by the East Asia Branch of the Chartered Arbitration Society of Britain, is the vice-chairman of the Alliance.
One of the main functions of the alliance is to promote the settlement of commercial disputes through mediation in Guangdong, Hong Kong and Macao. The chairman discussed the dispute resolution clause and the mediation process. Domestic and foreign parties may apply for mediation from the union Secretariat from now on. Each party may choose a mediation institution among the members of the Alliance for mediation; if the parties have not, the Secretariat of the alliance will appoint a mediation institution among the members of the Alliance for mediation on behalf of the parties according to the nature of the dispute. To give the conciliation result compulsory execution, the parties may agree to submit the conciliation agreement reached by conciliation to South China International Economic and Trade Arbitration Commission (Shenzhen International Arbitration Court) for conciliation award. The settlement award will be enforceable in 149 countries in accordance with the United Nations Convention on the Recognition and Enforcement of Foreign Arbitral Awards.
In order to strengthen the business exchanges and cooperation between the mediation agencies in Guangdong, Hong Kong and Macao, and jointly enhance the level of commercial mediation services in Guangdong, Hong Kong and Macao, representatives of the members of the alliance also discussed the joint training of mediators in the three regions and reached a preliminary consensus.