Asian European Arbitration Centre
formally known as Chinese European Arbitration Centre (CEAC)
ASEAC (Asian European Arbitration Centre) as an independent, non-governmental arbitration institution offers services tailored to the demands of the commercial trade with Asia, in particular China. Services are based on the ASEAC Rules, which are based on the neutral Arbitration Rules by the United Nations Commission on International Trade Law (UNCITRAL). ASEAC pursues a global approach by granting equal influence to Asia, Europe and worldwide legal practitioners. By doing so, ASEAC ensures neutrality, especially during the process for the choice a neutral arbitrator. The arbitrators listed by ASEAC are experienced in arbitrating disputes stemming from the trade with Asia. However, the parties are not limited to the ASEAC’s list of arbitrators, but are free to select arbitrators on their own.
By including the ASEAC Arbitration Clause in a contract, parties can agree on a neutral arbitration institution and a neutral seat of the arbitration. ASEAC available to all commercial participants and requires neither a direct nor indirect linkage to Asia. Furthermore, the ASEAC's choice of law clause enables parties to agree on the national law of a certain country or neutral set of rules, such as the UNIDROIT Principles.
ASEAC Rules offer a state-of-the-art and modern mechanism to settle Asia related disputes in an international spirit by institutional arbitration.
The ASEAC model clause has a broad scope and submits any dispute arising out of or relating to the contract to ASEAC arbitration.
The ASEAC Choice of Law Clause offers the possibility to clarify the applicable substantial law to a dispute.
The Asian European Arbitration Centre (ASEAC) is held by its sole shareholder, the Asian European Arbitration Association e.V. (ASEAA).
ASEAA does not interfere with the arbitration procedures. The purpose of the association is the promotion of arbitration and other out-of-court dispute resolution methods in European-Asian legal relations and in worldwide legal relations with Asia.