DNA

ISLAMABAD, July 22 : Center for International Investment and Commercial Arbitration (CIICA) has reached a consensus with Beijing Zhi Zhong Technology at a meeting to enhance cooperation on international arbitration and provide services for commercial activities under the China-Pakistan Economic Corridor (CPEC)and other international trade and investments.

According to a report published by Gwadar Pro on Wednesday, this was the first meeting between CIICA and Zhi Zhong, conducted through a video court system under a Memorandum of Understanding they signed in April this year.

Based on the MoU and the content of the meeting, the two parties will cooperate on the application of online arbitration system, share related information on arbitration law, and provide each other with legal investigation services. In addition, the two parties will jointly promote online arbitration services, including online case filing, evidence depository, and remote trial.

Rana Sajjad, President of CIICA said in the context of global economic integration, extensive cooperation in international arbitration is prerequisite for economic development. Online arbitration by virtue of high efficiency and convenience is very much in line with the future development trend.

Zhi Zhong’s CEO Zhang Tianwei said the two parties will promote each other in various aspects such as online arbitration, video courts, settlement of international trade disputes, and exchanges of arbitration activities, as well as jointly provide services for enterprises that are engaging in China-Pakistan trade and investments.

By far, Zhi Zhong has provided online arbitration system and relevant technologies for 15 arbitration institutions in China. The cooperation with CIICA is the first time for Zhi Zhong to go international.

Arbitration is a well-established and widely used means to end disputes. It is one of several kinds of Alternative Dispute Resolution, which provide parties to a controversy with a choice other than litigation.

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DUSHANBE, 21.07.2020. (DNA) : Per President Emomali Rahmon’s instructions to prepare hotels and tourist zones for the reception of tourists in compliance with mandatory hygiene rules, the working group of the Committee for Tourism Development visited the tourist sites of Romit gorge.

Romit gorge is one of the most beautiful landscapes and tourist areas of Tajikistan, where the Zayron healing waters, Romit Reserve, Arkhu recreation and tourist zone and many recreational facilities have been renovated. Romit Gorge is famous for its clear waters, rare animals, medicinal plants, and in general its beautiful and unique nature.

Initially, the working group consisting of heads of structural units of the committee’s central office visited the Zayron sanatorium.

Zayron sanatorium is famous for its healing waters, the natural water of which flows from the heart of the mountain. Its water is intended for the treatment of diseases of the nervous system, hypertension, heart, and skin. It is rich in calcium, sodium, chlorine, iodine, hydrosulfate, sulfate, magnesium, silicic acid, fluorine and bicarbonate.

The river side sanatorium has a refreshing and calming atmosphere.

The working group also visited the Arkhu recreation and tourist zone . This tourist complex is located 75 kilometers from Dushanbe.

The newly built five-story hotel of this complex is located in a picturesque area on the banks of the turbulent Arhu river.

According to the committee, travel agencies have been instructed to offer new tourist routes in order to promote and present each of the most interesting regions.

Also, the Committee for Tourism Development in collaboration with the Vahdat administration has been taking effective measures for the development of tourism infrastructure and promotion of tourist zones in Vahdat.

RIYADH: Saudi King Salman held a cabinet meeting via video call from hospital in the capital Riyadh on Tuesday, a day after the 84-year-old monarch was admitted with what state media said was inflammation of the gall bladder.

Three Saudi sources had previously told Reuters that the king was in stable condition.

A video of the king chairing the meeting was broadcast on Saudi state TV on Tuesday evening. In the video, which has no sound, King Salman can be seen behind a desk, wordlessly reading and leafing through documents.The king, who has ruled the world’s largest oil exporter and close U.S. ally since 2015, was undergoing medical checks, state media on Monday cited a Royal Court statement as saying without further details.

Three well-connnected Saudi sources who declined to be identified, two of whom were speaking late on Monday and one on Tuesday, told Reuters the king was “fine”.

An official in the region, who requested anonymity, said he spoke to one of King Salman’s sons on Monday who seemed “calm” and that there was no sense of panic about the monarch’s health.

King Salman received phone calls from the leaders of Kuwait, Bahrain and Jordan on Monday.

A diplomatic source said the kingdom’s de facto ruler Crown Prince Mohammed bin Salman flew back to Riyadh on Monday from his palace in the Red Sea city of NEOM, cancelling a planned meeting with a visiting Iraqi delegation.

The diplomatic source and the third Saudi source said the crown prince was still in the capital.

King Salman last spoke publicly on March 19 in a five-minute televised address about the coronavirus pandemic. State media have published pictures and videos of the king chairing online weekly cabinet meetings. Media have also carried images of the crown prince attending those meetings online.

King Salman spent more than 2-1/2 years as the Saudi crown prince and was deputy prime minister from June 2012 before becoming king. He also served as governor of the Riyadh region for more than 50 years.

He named his young son Mohammed as crown prince to become next in line to the throne after a 2017 palace coup that ousted then-Crown Prince Mohammed bin Nayef.