Business law institute launched to facilitate Asia integration

Singapore

WATERSHED developments including the formation of the Asean Economic Community, China's launch of the Asian Infrastructure Investment Bank and the Trans-Pacific Partnership trade deal, all point towards the integration of Asian markets, which will happen on a scale and at a pace not yet seen.

And it is imperative that the region's business laws keep up with the developments to capitalise on the monumental opportunity, said Chief Justice Sundaresh Menon on Thursday.

He said this in his opening address at the start of a two-day conference on legal convergence in Asia, where he launched the Asian Business Law Institute (Abli) jointly with his counterpart from Australia, Chief Justice Robert Shenton French AC; Justice Zhang Yongjian, Senior Judge and Chief Judge of the Fourth Civil Division of The Supreme People's Court, China; and Justice A K Sikri, Judge of the …