Brexit drives Belgium to set up English-language commerce courtBRUSSELS (Reuters) - Belgium will set up an English-language commercial court to deal with disputes between international companies to make the most of Britain s plan to leave the European Union. The Brussels International Business Court (BIBC) will seek to take on cases that are so far handled by British courts or international arbitration tribunals, the Belgian government said on Friday. Cases in Belgium s regular courts are heard in French or Dutch. The government said the demand for arbitration was likely to grow because of Brexit.  The same Brexit means moreover that going to a court in London might not be an appropriate option,  it said, without giving a date for the start of the English-language hearings. BIBC will be presided over by sector specialists and parties will have to agree in advance to let the court settle their differences. They will not be able to appeal against the decisions.  The development of the European Union cannot be slowed down by Brexit. Our country uses this opportunity to offer a new judicial instrument,  Belgian Prime Minister Charles Michel said in a statement. Some companies, such as Lloyd s of London, the world s largest specialty insurance market, have already picked Brussels as their European base in order to retain access to the EU market after Britain leaves the bloc in 2019. worldnews
brexit drives belgium set commerce courtbrussels reuters belgium set commercial court deal disputes international companies make britain plan leave european union the brussels international business court bbc seek take cases far handled british courts international arbitration tribunals belgian government said friday cases belgium regular courts heard french dutch the government said demand arbitration likely grow brexit the brexit means moreover going court london might appropriate option said without giving date start hearings bbc presided sector specialists parties agree advance let court settle differences they able appeal decisions the development european union slowed brexit our country uses opportunity offer new judicial instrument belgian prime minister charles michel said statement some companies lloyd london world largest specialty insurance market already picked brussels european base order retain access eu market britain leaves bloc worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Brexit drives Belgium to set up English-language commerce courtBRUSSELS (Reuters) - Belgium will set up an English-language commercial court to deal with disputes between international companies to make the most of Britain s plan to leave the European Union. The Brussels International Business Court (BIBC) will seek to take on cases that are so far handled by British courts or international arbitration tribunals, the Belgian government said on Friday. Cases in Belgium s regular courts are heard in French or Dutch. The government said the demand for arbitration was likely to grow because of Brexit.  The same Brexit means moreover that going to a court in London might not be an appropriate option,  it said, without giving a date for the start of the English-language hearings. BIBC will be presided over by sector specialists and parties will have to agree in advance to let the court settle their differences. They will not be able to appeal against the decisions.  The development of the European Union cannot be slowed down by Brexit. Our country uses this opportunity to offer a new judicial instrument,  Belgian Prime Minister Charles Michel said in a statement. Some companies, such as Lloyd s of London, the world s largest specialty insurance market, have already picked Brussels as their European base in order to retain access to the EU market after Britain leaves the bloc in 2019. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: brexit drives belgium set commerce courtbrussels reuters belgium set commercial court deal disputes international companies make britain plan leave european union the brussels international business court bbc seek take cases far handled british courts international arbitration tribunals belgian government said friday cases belgium regular courts heard french dutch the government said demand arbitration likely grow brexit the brexit means moreover going court london might appropriate option said without giving date start hearings bbc presided sector specialists parties agree advance let court settle differences they able appeal decisions the development european union slowed brexit our country uses opportunity offer new judicial instrument belgian prime minister charles michel said statement some companies lloyd london world largest specialty insurance market already picked brussels european base order retain access eu market britain leaves bloc worldnews