During their visit to the RCCI, the delegation expressed his interest in bankruptcy and litigation laws.
The World Bank delegation visiting the RCCI comments the role played by the General Department for Legal Affairs at RCCI regarding communication of awareness of trade – related regulations and rules as well as its ongoing quest to enlighten businessmen therewith.
The legal counsel, Majid bin Abdullah Al Hadian, Director General of the RCCI Legal Affairs Department, explained that the visit to RCCI by the WB delegation comes in the context of the delegation visit to the Kingdom in coordination with the General Investment Authority to acquaint the regulations and procedures being implemented in the Kingdom and their conformity with the international new developments.
Mr. Al Hadian added that the delegation have been also briefed on the role played by the RCCI in arbitration as a parallel litigation path to resolve trade disputes between businessmen. It is worth mentioning that the WB delegation comprised both Dr. Rice Mukal and Christopher Burns, accompanied by Dr.Ayedh Hadi Al-Otaibi, Director of Law Development Department at the General Investment Authority.