The organisations will promote the use of institutional ADR clause in all commercial contracts
The Bangladesh International Arbitration Centre (BIAC), the country's first and only licensed and registered Alternative Dispute Resolution (ADR) institution, and the Accord Chambers, have recently entered into a cooperation agreement to promote institutional alternative dispute resolution in the country and internationally as well.
According to this, the parties will promote the use of institutional ADR clause in all commercial contracts, organise joint outreach and advocacy programmes, work with different stakeholders, encourage capacity building and etc.
The cooperation agreement was signed in Dhaka by Muhammad A (Rumee) Ali, chief executive officer of BIAC and Suhan Khan, managing partner and lead counsel of Accord Chambers.
During the online signing ceremony, MA Akmall Hossain Azad, director, Mahbuba Rahman, general manager and Rubaiya Ehsan, counsel from BIAC and Mamun Chowdhury, senior partner and head of dispute resolution practice, Rafiul Habib, senior associate and head of project finance practice and Sayedul Munim, associate and co-counsel, dispute resolution practice from Accord Chambers were present.