Constitution
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Constitution

Silk Road Chamber of International Commerce

(Internal)

 

Revised Newly revised on 10 August 2017.

 

 

Preamble

 

The Silk Road Chamber of International Commerce is a non-governmental transnational business confederation composed of national commercial associations. Its fundamental objective is to join the business chambers and enterprises along the Silk Road together in building a global community with shared interests, shared responsibilities, and a shared future. The work of the Organization is meant to contribute to furthering commercial and cultural exchanges that favour the spread of Peace and Prosperity in the Silk Road regions and the world.

 

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 the “Belt and Road” Initiative now encompasses projects that generate trade and investment involving companies and organizations around the world. In this context, the Silk Road Chamber of International Commerce was founded to answer the call of the “Belt and Road” Initiative, and has been committed to restoring the prosperity and vitality of the Silk Road.

 

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-governmental transnational business organization.
  3. The founding mission of the SRCIC is to promote the renaissance of the Silk Road trade and culture, which is adapted to trade and investment in the 21st Century. It follows the Silk Road spirit of peace and cooperation, openness and inclusiveness, mutual learning and mutual benefit.
  4. The SRCIC contributes to the harmonious growth and the promotion of free trade, principally within the Silk Road Economic regions. Its role is to enable its Members to seize opportunities for trade and investment in the area.
  5. SRCIC membership is open to all chambers of commerce and industry, business groups and organizations within the Silk Road region that want to pursue opportunities for trade, investment and cultural exchange with each other.
  6. The SRCIC will link its Members for business exchanges, including through an online access - Internet network platform.

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 Secretariat is established in Xi’an, and has offices in Shanghai and Beijing.
  2. The SRCIC represents its Members in all sectors of trade and commerce.
  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 association:

  1. Silk Road Members: include 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.
  2. Correspondents: business organizations and individual entities with their headquarters outside the Silk Road (land and maritime) countries are not eligible for membership, but may be engaged in projects conducting or intending to conduct business in the Silk Road countries or regions. Correspondents are eligible for participation in the SRCIC annual conferences, meetings for cooperation, and services of open platforms such as the Silk Road International Development Fund and SRCIC newsletters.

 

Article 4  Role, Responsibilities and Member benefits

SRCIC Membership is obtained by submitting an application, which must be approved by the SRCIC.

  1. All Members are part of the SRCIC General Assembly, its principal governing body.
  2. Silk Road Members: are eligible for appointment to the Chairmanship and Executive Board of the SRCIC.
  3. Correspondents: are not eligible for voting in the SRCIC General Assembly, and their representatives are not eligible for appointment to the Chairmanship and Executive Board of the SRCIC.
  4. All members are eligible for appointment to working committees of SRCIC, including as Chairs and Vice Chairs of these committees.
  5. 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.
  6. Members have priorities for participation in cooperation and development projects, access to business events and services provided by SRCIC.
  7. Members may terminate their membership at any time with written notification to the SRCIC.
  8. 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 Vice-Chairpersons. 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 Council, comprised of representatives of the Members elected by the General Assembly. The General Council elects Chairman, Vice Chairpersons and Executive Board members.
  4. 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.
  5. 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.
  1. 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.
  2. The SRCIC General Assembly Meeting gathered as the Annual Meeting has authority to:
  • 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.
  1. Quorum for meetings of the SRCIC General Assembly shall be no less than one half of the total votes that may be cast.
  2. 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 Members of the Chairmanship and Vice Chairpersons.
  2. The Executive Board members are elected by the SRCIC General Assembly.
  3. Executive Board members are elected for a term of three years, 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 the 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 the Management.
  • Representing the organization as its chief spokesperson and leader.
  • Approving the annual work plan and budget of the organization, and submitting them to the Executive Board and General Assembly.

 

Chairmanship

  1. The Chairmanship is comprised of the Chairman, First Honorary Chairman, Honorary Chairman, Executive Chairman, First Vice Chairman, and the Secretary General. The Chairmanship will meet 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 the Vice Chairmen are elected by the SRCIC General Assembly for a term of three years, renewable for three years. The Members of the Chairmanship are elected by the Executive Board 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 emergencies, the Chairmanship is authorized to make decisions, which can be submitted for validation by the Executive Board.

 

Executive Chairman

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

  1. The Secretary General is responsible for overall management of the SRCIC Secretariat, including appointments, promotions and termination.
  2. 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 Vice Chairs of Committees are appointed by the SRCIC Chairman, in consultation with the Chairmanship and Executive Board, for a term of three years, renewable upon mutual agreement.
  4. All Members are eligible for appointment to Working Panels and Committees, including as Chairs or Vice Chairs.

 

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. All SRCIC Members are eligible for application for positions at the SRCIC Committees.
  1. The Chair and Vice Chairs of each Committee can appoint “Experts” to advise the committee in its specific field of work. Experts can be selected from Members or non-Members of SRCIC.
  2. It is the role of the Committee Chair to clearly define an annual work program for the Committee in its assigned area of work (Transportation, Culture etc.). The annual work program shall be submitted to the Executive Board for approval.
  3. 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 donations by other organizations. The long term sustainability of the SRCIC will require that it becomes self-financing through:

  1. Membership contributions;
  2. Private donations
  3. Fees from use of SRCIC services
  4. Grants provided by government and other institutions;

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.

 

Article 11  Organization Termination

SRCIC shall be terminated in any of the following circumstances, and the motion of termination shall be proposed by the Chairmanship or the Executive Board:

  1. SRCIC fulfills the mission stipulated in Article 1.
  2. The General Assembly passes a resolution to dissolve the SRCIC.
  3. SRCIC is divided or merged.
  4. SRCIC is unable to function in accordance with the mission stipulated in Article 1.
  5. The motion of termination passes only when the General Assembly votes in favour of it.

 

 · 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