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Despite Myanmar being one of the world’s oldest oil and gas producers, its upstream oil and gas sector is considered to be relatively underdeveloped.
Non-Chinese contractors are regularly encountering contracts containing arbitration clauses providing for disputes to be determined by Chinese arbitration centres.
Indonesia’s National Statistics Bureau has announced that total mineral exports fell 27 per cent in the first half of 2014.
With European elections in May, the flow of new regulations from Europe is expected to slow, with the immediate focus being on fine tuning already adopted policy.
This briefing considers the potential for increased use of arbitration in cross-border financial services disputes and the implications for key stakeholders within the financial-services sector.