Newly Signed Agreements of Cooperation with CIETAC and BAC

AUSTRIA CONNECT China 2018 took place from 7th to 10th April 2018 in Beijing on the occasion of the visit of Austrian Federal President Alexander Van der Bellen who was accompanied by members of the Austrian government and a large business delegation including the President of the Austrian Chamber of Commerce. During this visit, several significant agreements relating to China and Austria were executed.

CIETAC BAC Agreements

Among these agreements, VIAC – represented by its Vice President Nikolaus Pitkowitz – was honored to sign two cooperation agreements with other arbitration institutions. VIAC renewed and expanded its cooperation agreement with the China International Economic and Trade Arbitration Commission (CIETAC), which was signed by Mr. Wang Chengjie (Vice Chairman & Secretary General of CIETAC). VIAC and CIETAC have been cooperating since almost 25 years under a Cooperation Agreement dated June 23, 1994. VIAC further concluded a new cooperation agreement with the Beijing Arbitration Commission (BAC), which was signed by Mr. Fuyong Chen (Deputy Secretary General of BAC). VIAC and BAC have had a long-lasting friendship, including the organization of a joint conference in June last year, as well as other joint events and regular mutual visits. Signing these two agreements at this special occasion was an excellent opportunity to document the friendship and cooperation.