Hong Kong sets up international commercial court to tackle major cross-border disputes

Hong Kong has launched the Hong Kong International Commercial Court (HKICC) to adjudicate major cross-border disputes. The court, established on Thursday as a division of the High Court, aims to provide a dedicated venue for global enterprises to resolve high-value disputes. According to the justice minister, this initiative will bolster Hong Kong's position as a global legal hub within the national plan. The HKICC will work alongside existing international arbitration and mediation services, offering an additional option for dispute resolution in a volatile geopolitical climate.