scope of functions
The council mainly carries out the following activities
Research and think tank functions
Conduct research on global economic and legal trends, comparative rules, and case studies, and publish annual reports and policy recommendations.
Establish an expert committee to conduct research on topics such as international trade law, international investment law, financial regulation, and digital economy law.
Build a global legal database and knowledge sharing platform, providing the latest updates on legislative progress, case analysis, and compliance tools.
Dialogue and Platform Construction
Organize international economic and legal summits, specialized seminars, and closed door meetings, bringing together representatives from governments, international organizations, businesses, academia, and civil society.
Establish a cross-border legal cooperation network to promote communication and mutual learning between judicial and arbitration institutions.
Establish industry-specific working groups (such as energy, technology, finance, pharmaceuticals) to promote coordination on industry-specific legal issues.
Advocating for Standards and Rules
Participate in the process of international rule making and provide professional advice on trade agreements, investment treaties, tax conventions, etc.
Promote the development of soft law by publishing documents such as model clauses, compliance guidelines, and dispute resolution mechanism guidelines.
Advocate for the internationalization and standardization of alternative dispute resolution mechanisms such as commercial arbitration and mediation.
Capacity building and training
Provide international economic law training courses for government officials, judges, lawyers, and corporate legal advisors in developing countries.
Implement the 'Rule of Law Assistance Project' to assist countries in improving their economic, legal, and regulatory systems related to foreign affairs.
Establish scholarships and visiting scholar programs to support young legal professionals in participating in global governance.
Consulting and Services
Provide legal policy advice and compliance risk assessment to member states, international organizations, and multinational corporations.
Undertake the commissioned work of legislative evaluation, regulatory impact analysis, and dispute resolution mechanism design.
Provide legal guidelines and compliance toolkits for cross-border operations for enterprises.
Public Communication and Advocacy
Enhance public awareness of global economic and legal issues through publications, media collaborations, and digital platforms.
Advocate for corporate social responsibility and international business ethics, and promote best practice cases.
Regularly release the Global Economic Legal Cooperation Index to evaluate the legal environment and international cooperation level of countries.