The first joint introductory meeting between Tehran Regional Arbitration Centre (TRAC) and Shanghai International Arbitration Centre (SHIAC), attended by the directors and the expert teams of both sides, took place in Tehran on January 18, 2020.
In this meeting, Dr. Oveis Rezvanian, Director of TRAC welcomed the guests and briefly presented the goals of TRAC, independency of the Centre from the governmental bodies, efforts made by TRAC to promote national and international commercial arbitration in Iran, as well as the Centre’s international relationships.
In addition, Mr. Wang Xinfang, Director of Shanghai International Arbitration centre, introduced the SHIAC as one of the most important arbitration centres in china for international trade and finance and provided a brief report that was made on the number of cases settled and some financial indexes of the centre. In addition, directors of both sides expressed their willingness to enhance cooperation in various fields.
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