Constitution
Self Photos / Files - pdf_download-300x262 Constitution (Internal)

 

Constitution

Silk Road Chamber of International Commerce

(Internal)

 

Revised in accordance with decisions

of the SRCIC Executive Board on 23 March, 2017.

 

 

Preamble

 

The fundamental objective of the Silk Road Chamber of International Commerce (SRCIC) is to further the participation of global business in the development of the 21st  Century Silk Roads, linking over 65 countries  with a population  of 4 billion  people.

 

The initiative to restore the ancient land and maritime Silk Roads that were the engines of trade and investment for centuries was launched by the Government of China in 2013. The impetus provided by what has come to be known as the “Belt and Road” Initiative now encompasses projects that generate trade and investment involving companies and organizations around the world.

 

The work of the SRCIC is meant to contribute to furthering commercial and cultural exchanges that favour the spread of Peace and Prosperity in the Silk Road regions and in the world.

 

Article 1   Name, Role and Mission

  1. The Organization is called the Silk Road Chamber of International Commerce, also known as the Silk Road Chamber or by the acronym "SRCIC".
  2. The SRCIC is a non-profit, non-political international business organization.
  3. The founding mission of the SRCIC is to promote the renaissance of the Silk Road trade and culture, adapted to trade and investment in the 21st Century.
  4. The SRCIC contributes to the harmonious growth and the freedom of international commerce, principally but not limited to the Silk Road Belt economies.
  5. Its role is to enable its Members to seize opportunities for trade and investment in the Silk Road Economic Belt regions.
  6. SRCIC membership is open to all international business groups and organizations that want to pursue opportunities for trade, investment and cultural exchange with the Silk Road regions.
  7. The SRCIC will link its Members for business exchanges, including through a private access - Internet network platform.
  8. The SRCIC will help establish a cooperative relationship between its Members and government institutions and departments in countries of the Silk Road regions.

 

Article 2   Headquarters and Legal Status

  1. The SRCIC is registered and has its Headquarters in the Hong Kong Special Administrative Region of China. SRCIC offices are also established in Xi'an, Shanghai and Beijing.
  2. The SRCIC is a non-profit, non-political business organization and represents Members in all sectors of international business.
  3. The SRCIC working languages are English and Chinese. In the event of any conflict, the English version of the Constitution shall prevail.
  4. The authority to interpret and amend the Constitution resides with the SRCIC General Assembly. 

 

Article 3   Membership

The SRCIC is composed of Members sharing the objectives set forth in the articles of this Constitution.  In keeping with the multilateral spirit that informs both the “Belt and Road” concept and the SRCIC, there are two categories of membership:

 

  1. Silk Road Member: includes National Chambers and Business Federations, Trans -National and Regional Federations and Chambers, Individual companies, with their headquarters in one of the Silk Road (land and maritime) countries or regions. *Click (Ctrl + Click) here to see the List of Silk Road Countries.
  2. International Member: includes National Chambers and Business Federations, Trans-National and Regional Chambers, Individual companies, with their headquarters beyond the Silk Road (land and maritime) countries or regions but conducting or intending to conduct business in the Silk Road countries or regions.

 

Article 4   Role, Responsibilities and Member benefits

  1. Membership in SRCIC is obtained by submitting an application, which must be approved by the SRCIC.
  2. All Members are part of the SRCIC General Assembly, its principal governing body.
  3. Silk Road Members: Category I members (Silk Road) are eligible for appointment to the Chairmanship and Executive Board of the SRCIC.
  4. International Members: Category II members (non-Silk Road) are members of the SRCIC General Assembly, its principal governing body. Category II members are not eligible for appointment to the Chairmanship and Executive Board of the SRCIC.
  5. All members are eligible for appointment to working committees of the SRCIC, including as Chairs and Vice Chairs of these committees.
  6. All Members work to mobilize, formulate and advocate the views of the business community for the development of business participation in the Silk Road Economic Belts.
  7. Members have a priority for access to services provided by SRCIC, including the online Silk Road, SRCIC newsletter and other services to be developed as part of the annual work plan.
  8. Members may terminate their membership at any time with written notification to the SRCIC.
  9. Members who do not respect the principles and rules set out in this Constitution can have their membership terminated upon approval of the SRCIC Executive Board.

 

Article 5   Governance Structure

SRCIC Governance structure is comprised of:

  1. A Chairmanship, comprised of the Chairman, Executive Chairman, the First Vice-Chairman, First Honorary Chairman, and Secretary General.
  2. An Executive Board, comprised of the Chairmanship, and Honorary Chairpersons and Vice-Chairpersons. Each Silk Road Member country shall have a representative on the Executive Board. Such representative is to be decided by the member country delegation or, in the event of a conflict, by the Chairmanship of SRCIC. Appointments to the Executive Board will be submitted for approval at the annual meetings of the SRCIC General Assembly. Executive Board members are appointed for a term of three years, which is renewable for three years.
  3. A General Assembly, which assembles all Members as the supreme authority of the Chamber, presided over by the Chairman and First-Vice Chairman. All member countries have one vote in the meetings of the SRCIC General Assembly.  Each member country delegation will designate a representative for the SRCIC General Assembly.
  4. A Secretariat, comprised of the Secretary General, Deputy Secretaries General and support staff, as the chief administrator of the organization. Upon recommendation of the Chairman, the Secretary General appointment shall be confirmed by the Executive Board.

 

Article 6   General Assembly and Annual Meeting

  1. The SRCIC General Assembly is the supreme authority of SRCIC. Its function and responsibilities include:
    • All member countries have one vote in the meetings of the SRCIC General Assembly.
    • Approval of amendments to the Constitution.
    • Election of Members to the Chairmanship and to the Executive Board, upon nomination by the Chairmanship.
    • Discussion and approval of the work-plans, projects and annual budget of SRCIC.
  2. SRCIC General Assembly Meeting: This gathering of the SRCIC supreme authority will be held at least every year and will be presided by the Chairman of SRCIC.
  3. The SRCIC General Assembly Meeting gathered as the Annual Meeting has authority to:
  4. Elect officers of the organization upon recommendation of the Chairman and Chairmanship.
    • Consider and approve the SRCIC work plan.
    • Approve the creation and termination of SRCIC special projects and Committees, Panels, and the appointment of their Chairmen.
    • Recognize or withdraw recognition of any Member found not to be in respect of the organization’s founding principles.
  5. Quorum for meetings of the SRCIC General Assembly shall be one half of the total votes that may be cast.
  6. The decisions of the SRCIC General Assembly will be based on the results of the majority of the votes cast by the delegates present.

 

 

Article 7   Executive Board

  1. The Executive Board is composed of the Chairman, First vice-Chairman, Executive Chairman, First Honorary Chairman and a number of Honorary Chairmen and Vice Chairmen.
  2. The Executive Board is comprised of one representative from each of the member Silk Road countries.
  3. Executive Board members are appointed for a term of three years, which is renewable for three years.
  4. The Executive Board shall meet twice per year, or more if so requested by the Chairman. The Chairman shall convene and chair the meetings and fix their provisional agendas.
  5. The Executive Board is responsible for developing, approving and overseeing the implementation of the SRCIC strategy, policies and work plan.
  6. The Executive Board shall approve the annual budget.
  7. The Executive Board shall approve the creation or termination of Committees and special projects.
  8. The Executive Board shall ensure the maintenance of the high quality and relevance of SRCIC work programs.

 

Article 8 Chairman, Chairmanship, Executive Chairman, and Secretary General

Chairman

  1. The Chairman represents the organization and presides over the meetings of the Chairmanship, the Executive Board and the SRCIC General Assembly.
  2. The Chairman, in consultation with other Members of the Chairmanship, is responsible for:
  • Convening and presiding at meetings of the Executive Board and General Assembly;
  • Nominating members to the Executive Board and General Assembly;
  • Representing the organization as its chief spokesperson and leader;
  • Approving the annual work plan and making recommendations on this to the Executive Board and General Assembly;
  • Approving the annual budget of the organization and making recommendations on this to the Executive Board and General Assembly;

 

Chairmanship

  1. The Chairmanship is comprised of the Chairman, First Vice Chairman, Executive Chairman, First Honorary Chairman and the Secretary General. The Chairmanship will meet at least two times per year in advance of the Executive Board meeting. The meetings may be conducted through audio-visual conference calls.
  2. The Chairman, First Vice Chairman and Vice Chairmen are appointed by the SRCIC General Assembly for a period of three years, renewable for an additional three years. The Members of the Chairmanship are appointed by the Executive Board. Members of the Chairmanship are appointed for a term of three years, renewable for three years.
  3. The Chairmanship proposes and agrees the agenda for meetings of the Executive Board and the SRCIC General Assembly.
  4. In the case of situations deemed to be emergencies, the Chairmanship is authorized to make decisions, which can be submitted for validation by the Executive Board as soon as possible.

 

Executive Chairman

The Executive Chairman is appointed by the Executive Board, and is responsible for the overall international development of the organization, including relations with other international bodies.

 

Secretary General

  1. Upon recommendation of the Chairman, the Secretary General appointment shall be confirmed by the Executive Board.
  2. The Secretary General administers the affairs of the SRCIC and implements its policy within the framework defined by the Executive Board and the SRCIC General Assembly. The Secretary General is, in particular, responsible for the implementation of the strategic and policy decisions and the program of action.
  3. The Secretary General is responsible for overall management of the SRCIC Secretariat, including appointments, promotions and termination.
  4. The Secretariat is comprised of the Secretary General, Deputy Secretaries General and support staff as required.

 

Article 9   SRCIC Committees

  1. SRCIC Committees are created to implement special projects within the SRCIC work plan.
  2. The Executive Board shall establish Committees and define their terms of reference. The Executive Board can terminate a Committee if it judges this necessary.
  3. The Chairs and Members of Committees are appointed by the SRCIC Chairman, in consultation with the Chairmanship and Executive Board.
  4. All Members are eligible for appointment to Working Panels and Committees, including as chairmen or vice chairmen.

 

Terms of Reference for SRCIC Committees

  1. SRCIC Committees are established by the Executive Board to implement projects within the SRCIC Work Plan.
  2. The specific role of each Committee is defined by the Executive Board – for example to carry out a work program in the areas of Culture, Trade and Investment, Energy, Transportation etc.
  3. The Chair and Vice Chairs of Committees are appointed by the SRCIC Chairman and The terms of appointment are three years, renewable upon consent of both parties.
  4. All SRCIC Members are eligible for appointment to SRCIC Committees.
  5. Members of SRCIC Committees are appointed by SRCIC Chairman and Chairmanship, in consultation with the Chairman and Vice Chairmen of each Committee. The terms of appointment are three years, renewable upon acceptance by both parties.
  6. The Chair and Vice Chairs of each Committee can appoint “Experts” to advise the committee in its specific field of work. These can be selected from Members or non-Members of SRCIC.
  7. It is the role of the Committee Chair and members to clearly define an annual work program for the Committee in its assigned area of work (Transportation, Culture etc.). The annual work program will be submitted to the Executive Board for approval.
  8. The Executive Board can terminate a Committee if it judges this necessary because the work of the Committee is no longer relevant or it is no longer a priority of SRCIC.

 

Article 10   Financial and assets management

The SRCIC is being launched and will be supported financially in an initial period by private funding provided by the Founding Chairman Mr Lu Jianzhong. The long term sustainability of the SRCIC will require that it become self-financing through:

 

  1. Membership contributions;
  2. Fees from use of SRCIC services;
  3. Private donations;
  4. Government grants for special projects;

 

SRCIC shall comply with the internationally recognized accounting standards and financial regulations in the management of its funds and assets.

 

An annual financial report will be presented for review and approval by the SRCIC Chairman, the Executive Board and the SRCIC General Assembly.

 

 · END ·

 

Annex:

 

List of Silk Road Countries

 

China


 

Other Belt and Road Countries

Afghanistan               Albania                           Armenia

Azerbaijan                 Bahrain                           Bangladesh

Belarus                      Bhutan                            Bosnia & Herzegovina

Brunei                        Bulgaria                          Cambodia

Croatia                       Czech Republic              Egypt

Estonia                       Ethiopia                          Georgia

Hungary                     India                               Indonesia

Iran                            Iraq                                 Israel

Jordan                       Kazakhstan                     Korea

Kuwait                       Kyrgyzstan                      Laos

Latvia                        Lebanon                          Lithuania

Macedonia                Malaysia                          Maldives

Moldova                    Mongolia                          Montenegro

Myanmar                   Nepal                               New Zealand

Oman                        Pakistan                           Palestine

Philippines                 Poland                             Qatar

Romania                    Russia                              Saudi Arabia

Serbia                        Singapore                          Slovakia

Slovenia                     South Africa                       Sri Lanka

Syrian Arab Republic Tajikistan                          Thailand

Timor-Leste               Turkey                                Turkmenistan

Ukraine                      United Arab Emirates         Uzbekistan

Vietnam                     Yemen

 

Note: According to the Vision and Actions on Jointly Building the Silk Road Economic Belt and 21st-Century Maritime Silk Road, the Belt and Road covers-but is not limited to – the area of the ancient Silk Road. It is open to engagement with all countries, and international and regional organizations.

 

Source: 

http://china-trade-research.hktdc.com/business-news/article/The-Belt-and-Road-Initiative/The-Belt-and-Road-Initiative-Country-Profiles/obor/en/1/1X000000/1X0A36I0.htm