Chuck Peng spoke at SIAC event "Navigating International Dispute Resolution in a Changing World: an SIAC Perspective”
On May 15, Chuck Peng, head of the KKMP China desk, spoke at the Singapore International Arbitration Center (SIAC) event "Navigating International Dispute Resolution in a Changing World: An SIAC Perspective", which was held as part of the Russian International Arbitration Congress (RIAC) 2025. The SIAC event, sponsored by Singapore's Ministry of Justice, brought together leading legal experts to discuss critical issues in dispute resolution and Russia's role in the international landscape.

Chuck acted as a leading expert in the panel discussion " Beyond Uncertainty: Shaping the Future of Dispute Resolution in Russia." The session was moderated by Yulia Mullina, CEO of the Russian Arbitration Center and Russian Institute of Modern Arbitration. Experts discussed the problems faced by the Russian parties in international arbitration. Randolph Khoo, Managing Director of Drew & Napier, Edmund J. Kronenburg, Managing Partner of Braddell Brothers, George Lim, Chairman of the Singapore International Mediation Centre, Arthur Ma, Partner of DaHui Lawyers, also participated in the discussion.

 

Chuck told how sanctions create obstacles to justice for Russian parties, violating payment mechanisms and making it difficult to enforce arbitration decisions. He stressed that these restrictions lead to procedural delays and increased costs, limiting access to fair dispute resolution. Drawing on his extensive experience in handling cross-border disputes, he offered practical perspectives that resonated with the audience, highlighting the need for innovative approaches to maintain fairness in arbitration.

 

Chuck noted SIAC's active and inclusive stance towards Russian users, stressing that its neutrality is an extremely important asset for parties facing sanctions-related issues. He also noted the SIAC 2025 Rules, in particular, a simplified procedure that increases efficiency and reduces costs, thereby making arbitration more accessible to Russian organizations. Chuck emphasized SIAC's commitment to providing flexible procedural options and multilingual support so that Russian users can confidently participate in international arbitration. His speech confirms the growing importance of SIAC as a reliable platform for Russian business and practicing lawyers, strengthening confidence in its impartial processes.

 

Demonstrating the adaptability of SIAC, Chuck emphasized the key role of the institute in bridging the gaps caused by geopolitical tensions and ensuring the confident participation of Russian users in international arbitration.

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