Abstract
Implementation of the Belt and Road Initiative needs a dispute resolution mechanism which is effective and recognized by the international community. The first issue to be dealt with is the choice of a dispute resolution mechanism. Settling disputes through the courts of the countries along the Belt and Road is not the ideal choice, so alternatives must be explored. As per the above discussion, international economic dispute resolution mechanisms can be classified into three basic categories: commercial arbitration, the WTO dispute resolution system and investment arbitration. These mechanisms have their own advantages and disadvantages. Continuing to use such systems means less risk in using established and familiar institutions, but these may or may not be able to play a role in promoting the Belt and Road Initiative. For example, country-to-country trade and investment disputes under the Belt and Road treaties cannot be settled through the WTO mechanism.
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