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ICC to train FBCCI on dispute resolution

FE REPORT | October 19, 2023 00:00:00


Former president of FBCCI and the President of ICC Bangladesh Mahbubur Rahman, The ICC Chair Maria Fernanda Garza, FBCCI President Mahbubul Alam, Former President of FBCCI Mir Nasir Hossain, FBCCI Vice President Khairul Huda Chopol, Mohammad Anwar Sadat Sarker, Md Munir Hossain, Directors, and other dignitaries were present at the meeting.

The International Chamber of Commerce (ICC) will assist the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in the case of arbitration for dispute resolution.

ICC Chair Maria Fernanda Garza said the International Chamber will facilitate training programmes on arbitration for the FBCCI, says a press release.

She expressed her willingness when FBCCI President Mahbubul Alam sought ICC's assistance in the field, during a meeting at the FBCCI office in Dhaka on Monday.

Mr Alam lauded ICC's arbitration services and showed interest for signing a memorandum of understanding with the ICC to enhance FBCCI's capacity for dispute prevention and resolution.

Mr Alam also sought ICC's cooperation in drafting proposals for free trade agreements and preferential trade agreements on dumping and anti-dumping issues.

He also sought cooperation from the ICC to help the private sector's skill development through Research and development (R&D).

"Therefore, we may sign a memorandum of understanding (MoU) with ICC to strengthen the arbitration training of FBCCI, which will be very beneficial for us," said Mr Alam.

Mahbubul Alam also lauded the friendly and cooperative relations with the ICC Bangladesh.

The ICC chair informed the apex trade body of Bangladesh about the ICC Centenary Declaration on Dispute Prevention and Settlement.

The ICC chair stressed the importance of cross-border commerce, especially in an uncertain global landscape. She also discussed the importance of cutting-edge technology and Cyber security in the business sector.


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