In order to properly try cases of disputes over independent guarantees, effectively safeguard the legitimate rights and interests of parties, serve and support the development of the Belt and Road Initiative, and promote opening‑up, these Provisions are formulated in accordance with the General Principles of the Civil Law of the People’s Republic of China, the Contract Law of the People’s Republic of China, the Guarantee Law of the People’s Republic of China, the Law of the People’s Republic of China on Application of Law to Foreign‑related Civil Relations, the Civil Procedure Law of the People’s Republic of China and other laws, in light of judicial practice.