BIAC joins hands with Permanent Court of Arbitration

BIAC (Bangladesh International Arbitration Centre) signed a cooperation agreement with the Permanent Court of Arbitration (PCA), the Hague, the Netherlands for the peaceful resolution of international dispute through arbitration, says a press release.

Chief Executive Officer of BIAC  Muhammad A. (Rumee) Ali and Hugo H Siblesz, secretary general of The Permanent Court of Arbitration (PCA), The Hague, The Netherlands, recently signed a Cooperation Agreement on behalf of their respective organisations. 
Leoni Margaretha Cuelenaere, Ambassador of the Netherlands to Bangladesh on behalf of PCA exchanged the agreement with BIAC’s CEO in the Le Meridien Hotel, Dhaka yesterday. Former Chief Justice Md. Tafazzul Islam and Former Judge of the High Court Division Justice Awlad Ali, who are the members of PCA Arbitrator Panel for dealing international arbitration, participated in cooperation agreement exchange ceremony. Mahbubur Rahman, Chairman, BIAC was also present at the event.
PCA is one of the renowned ADR institutions around the globe.  It is the first permanent intergovernmental organization with 121 member states to provide a forum for the resolution of international disputes through arbitration and other peaceful means. The PCA was established by the Convention for the Settlement of International Disputes. Bangladesh 
is one of the member states of PCA who have acceded PCA’s 1907 convention on 26-02-2012. 
PCA established to facilitate arbitration and other forms of dispute resolution between states, the PCA has developed into a modern, multi-faceted arbitral institution that is now perfectly situated at the juncture between public and private international law to meet the rapidly evolving dispute resolution needs of the international community, the statement added. 

BIAC joins hands with Permanent Court of Arbitration

BIAC (Bangladesh International Arbitration Centre) signed a cooperation agreement with the Permanent Court of Arbitration (PCA), the Hague, the Netherlands for the peaceful resolution of international dispute through arbitration, says a press release. Chief Executive Officer of BIAC Muhammad A. (Rumee) Ali and Hugo H Siblesz, secretary general of The Permanent Court of Arbitration (PCA), The Hague, The Netherlands, recently signed a Cooperation Agreement on behalf of their respective organisations. Leoni Margaretha Cuelenaere, Ambassador of the Netherlands to Bangladesh on behalf of PCA exchanged the agreement with BIACs CEO in the Le Meridien Hotel, Dhaka yesterday. Former Chief Justice Md. Tafazzul Islam and Former Judge of the High Court Division Justice Awlad Ali, who are the members of PCA Arbitrator Panel for dealing international arbitration, participated in cooperation agreement exchange ceremony. Mahbubur Rahman, Chairman, BIAC was also present at the event. PCA is one of the renowned ADR institutions around the globe. It is the first permanent intergovernmental organization with 121 member states to provide a forum for the resolution of international disputes through arbitration and other peaceful means. The PCA was established by the Convention for the Settlement of International Disputes. Bangladesh is one of the member states of PCA who have acceded PCAs 1907 convention on 26-02-2012. PCA established to facilitate arbitration and other forms of dispute resolution between states, the PCA has developed into a modern, multi-faceted arbitral institution that is now perfectly situated at the juncture between public and private international law to meet the rapidly evolving dispute resolution needs of the international community, the statement added.