The seminar, entitled "Hong Kong - An International Hub for Legal & Arbitration Services", was jointly organised by the Hong Kong Special Administrative Region Government and the Hong Kong Trade Development Council. It was attended by around 200 legal professionals and business leaders from Cambodia and Hong Kong.
Mr Yuen said that given its close proximity to Cambodia and the strong ties built between the two places, Hong Kong is an ideal neutral venue for providing international legal and dispute resolution services to Cambodian businesses, including services for resolving disputes with foreign enterprises and Mainland Chinese companies.
He highlighted that Hong Kong's robust legal system, strong legal profession, independent judiciary, user-friendly arbitration legislation and effective enforcement of awards made in Hong Kong, as well as the availability of experienced international arbitrators and the presence of world-class arbitration institutions, have all made Hong Kong an ideal venue for international arbitration services.
Mr Yuen was leading a delegation of more than 20 professionals of the legal and arbitration community to Vietnam and Cambodia from February 19 to 21 to promote Hong Kong's legal and dispute resolution services.
The delegation includes representatives of the Hong Kong International Arbitration Centre, the International Court of Arbitration of the International Chamber of Commerce (Asia Office), the China International Economic and Trade Arbitration Commission Hong Kong Arbitration Center, the Hong Kong Institute of Arbitrators, the Hong Kong Bar Association and the Law Society of Hong Kong.
Apart from attending the arbitration seminar this morning, Mr Yuen also had a gathering with a group of Hong Kong people living and working in Cambodia, and briefed them on the latest developments of Hong Kong.
He also met with the Minister of Commerce, Mr Chanthol Sun, to exchange views on the future co-operation between Cambodia and Hong Kong in respect of international arbitration.
Mr Yuen will return to Hong Kong tonight.
Ends/Friday, Feb 21, 2014
