To overcome barriers across different cultures and legal systems, and to enjoy shared prosperity, the international community often seeks to create, improve and update fairer international standards and conventions.
Mentors in the business world often remind emphasize to their mentees of the importance to build a trusted team of lawyer/accountants/bankers.
China is the main trading partner of more than 140 countries and territories and a primary source of investment for more countries.
As the southern gateway of China, Hong Kong situated in the Greater Bay Area enjoys the advantages of the "One Country, Two Systems, Three Legal Jurisdictions" framework.With clear support from the 14th Five-Year Plan, Hong Kong's development of the "Eight Centres," including the Centre for International Legal and Dispute Resolution Services in the Asia-Pacific region, has been firmly established.
This has attracted a significant influx of talent and provides fertile ground for training.Since 2019, Hong Kong young public officers have been provided with opportunities to take up positions in different agencies of the United Nations.
The headquarters of the International Organization for Mediation will be established in Hong Kong, and this will provide valuable learning and exchange opportunities for mediators, legal eagles, including judges, from around the world.Despite the abundance of talent in Hong Kong, we cannot be afford to be complacent, and it is of paramount importance to continuously attract and nurture talent.
Echoing the country's goal of accelerating the training of foreign-related legal talents, the Department of Justice has assumed the responsibility in this regard and recently organized the briefing on the "2024 secondment programme to international law organizations."It is also actively progressing with the establishment of the Hong Kong International Legal Talents Training Academy, which will provide training for talents in the practice of foreign-related legal affairs for the country, and nurture legal talent conversant with international law, common law, civil law and the country's legal system.
AALCO Hong Kong Regional Arbitration Centre is pleased to support the DoJ's great initiative in nurturing more professionals in international public and private law.Similar to international legal organizations such as the International Institute for the Unification of Private Law and the Hague Conference on Private International Law, the centre offers diverse opportunities for young legal professionals in Hong Kong to engage in exchanges, including internships.
Last year, we secured the right to hold and successfully held the AALCO Annual Arbitration Forum in Hong Kong, which served as a platform for legal experts from more than 30 jurisdictions to convene and engage in fruitful discussions regarding the significant advancements in arbitration across different regions.Looking ahead, we are planning to introduce the Youth AALCO initiative to further facilitate and enhance exchange and collaboration for the future leaders in the 47 countries.
What successful international organizations have in common is the recognition and wit to identify and use the best-in-class technology as their major production force, talent as their primary resource, and innovation as the primary driving force.It is the responsibility of all walks of life to cultivate talent.
AALCO Hong Kong Regional Arbitration Centre encourages collaboration among the government, business, academic and private sectors, providing valuable learning opportunities for young legal professionals. Young legal talent shall make good use of Hong Kong's platform and actively engage in international exchange activities to contribute to society.
