|Delegates pose for a group photo at the conference in Hanoi__Photo: VNA|
Vietnam always adheres to the principle of resolving international disputes through peaceful means, stressed Deputy Foreign Minister Nguyen Minh Vu at conference of the Permanent Court of Arbitration (PCA) in Hanoi on November 15.
Being a responsible country in the international community, Vietnam respects fundamental principles of international law, including the principle of peaceful resolution of international disputes, said Vu.
According to the diplomat, Vietnam is ready to resolve international disputes with foreign partners at international mediation, conciliation and arbitration agencies or other mechanisms related to sovereignty, trade, and investment, in addition to other measures such as direct exchanges, consultations and negotiations.
He also expressed hope that the Hanoi PCA Office would promote its strengths in providing legal services for settlement of disputes between states, between investors and countries, and between state corporations.
|Deputy Foreign Minister Nguyen Minh Vu speaks at the event__Photo: VNA|
Secretary General of the Permanent Court of Arbitration Marcin Czepelak, in his turn, welcomed Vietnam’s viewpoint that has been reiterated in its commitments at international PCA conferences.
The Secretary General then delivered a message with three main pillars: Peace, Principles and Prosperity.
“PCA, as a peaceful tool, should be accessible at all times,” he said, adding that the world is going through difficult times and countries should take advantage of every opportunity available to achieve or maintain peace based on order and principles.
After the opening ceremony, delegates conducted three discussion sessions where they explored confidence-building measures among nations; debated current issues and trends on the international investment law concerning the host state’s right to regulate in investor-state energy disputes; and examined the commercial arbitration landscape in Vietnam.
The conference is co-organized by the Vietnamese Ministry of Foreign Affairs, PCA and Vietnam Society of International Law.- (VLLF)