This project aims to organize a seminar, in collaboration with the Hague Conference on Private International Law (HCCH), the United Nations Commission on International Trade Law (UNCITRAL) and the International Institute for the Unification of Private Law (UNIDROIT), in the margins of EC1 2017 to introduce certain international legal instruments which can be used by member economies to strengthen contract enforcement in supply chain finance for global businesses (including MSMEs).
This project demonstrates how these instruments may complement APEC’s Ease of Doing Business (EoDB) initiative by facilitating enforcement of business contracts which may also contribute to APEC’s regional integration, connectivity and structural reform agenda, APEC’s Economic Committee Structural Reform agenda, the Boracay Action Agenda on MSMEs and the ongoing SELI FoTC work. The project seeks to advance structural reform and to strengthen the economic and legal infrastructure of member economies.
The seminar’s primary resource persons will be experts from the Secretariat of HCCH, UNCITRAL and UNIDROIT, as well as officers from APEC economies who have experience with these international instruments. The seminar will cover both operational and institutional aspects. Outcomes of the seminar will be compiled into a report, allowing key lessons learnt to be broadly shared among APEC economies and the international community.