BIAC, MIAC sign cooperation deal
Monday, 18 April 2022
A cooperation agreement was concluded between the Bangladesh International Arbitration Centre (BIAC) and the Maldives International Arbitration Center (MIAC), with effect from April 13, says BIAC in a statement.
The parties have agreed to establish a framework for the two organisations to work together towards the promotion of arbitration as a means for peaceful settlement of international disputes.
Pursuant to the MoU, the parties will be able to exchange information and publications of mutual interest in the field of commercial arbitration and organise seminars, symposia, workshops, conferences, awareness and training programmes relating to alternative dispute resolution (ADR).
The deal was signed online by Chief Executive Officer of BIAC, Kaiser A Chowdhury and Chief Executive Officer of MIAC Mamdhooha Ali on behalf of their respective organisations. Mahbuba Rahman, General Manager, Asif S. Bhuiyan, Assistant Counsel and Nuzhat Kamal, Assistant Counsel from BIAC and Aminath Raya Ali, Legal Counsel and Mansha Abdulla Salih, Legal Counsel from MIAC were present.