Manila, Philippines (BBN)- The Asian Development Bank (ADB) is providing technical assistance to help the People’s Republic of China (PRC) improve the capacity of its judiciary to implement economic laws.
ADB will provide a grant of $400,000 that will finance seminars and training programs designed to improve the quality and consistency of judgments in cases involving economic and commercial law, according to a press statement.
The Supreme People’s Court and National Judges College will contribute an equivalent of $500,000 to the project.
In recent years, there has been an increase in the number and complexity of disputes related to economic and commercial laws. At the same time, many laws drawn up to deal with the country’s rapidly changing economic environment were drafted in a relatively short time and tend to lack detail.
The seminars will focus on updating the legal interpretations and providing training to the judges on jurisprudence of such legal interpretations from the Supreme People’s Court related to cases involving economic law.
The project will be implemented over 18 months ending in February 2010.
BBN/SI/SSR/AD-08November08-4:13 PM (BST)