Welcome to Bangladesh International Arbitration Centre

Bangladesh International Arbitration Centre is the first international arbitration institution of the country. It is registered as a not-for-profit organization and commenced operations in April 2011 under a license from the Government. Three prominent business Chambers of Bangladesh, namely, International Chamber of Commerce-Bangladesh (ICC-B), Dhaka Chamber of Commerce & Industry (DCCI) and Metropolitan Chamber of Commerce & Industry (MCCI), Dhaka are sponsors of BIAC. The International Finance Corporation (IFC) – the private sector arm of The World Bank – with funds from UK Aid and European Union, is supporting BIAC in the initial stages under a co-operation agreement. BIAC provides a neutral, efficient and reliable dispute resolution service in this emerging hub of South Asia’s industrial and commercial activity. BIAC introduced its Arbitration Rules in April 2012. These Rules incorporate some of the leading developments in domestic and international arbitration, while conforming to the Bangladesh Arbitration Act 2001. BIAC is renowned for its first-rate, state-of-the-art arbitration facilities, experienced panel of independent arbitrators and excellence in serving its clients. Discover from these pages why businesses increasingly choose to arbitrate in BIAC.

FID for giving facility to writ petitioners, loan swindlers

Eminent Economist, former BB governor Mr. Salehuddin Ahmed said, providing the relaxed loan restructuring to facility to errant borrowers who filed writ petitions not be declared defaulters and are facing ACC cases would increase the burden of bad loans. He advised the FID to encourage the state-owned commercial banks and the errant borrowers to settle issues through alternative dispute resolution system of the Bangladesh International Arbitration Centre.

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Ease of doing business: Much remains to be achieved

Bangladesh has moved up eight notches to 168 among 190 countries in the World Bank’s Ease of Doing Business index 2020. The country’s ranking was 176 last year. The improvement is an encouraging sign. A strong process that addresses commercial matters in a time-bound system is long overdue. Developed economies around the world have exclusive institutions for commercial ADR created by the government and adopted by the people.

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BIAC remembers with gratitude the support of Late Chief Justice Mahmudul Amin Chowdhury

We deeply grieve the demise of Chief Justice Mahmudul Amin Chowdhury. 

Chief Justice Chowdhury was a member of our Panel of Arbitrators and has been very supportive towards BIAC since its inception. Chief Justice Chowdhury breathed his last at his Dhanmondi residence on the 22 December 2019. He was 85 years old and has left behind two daughters, a son and a host of well-wishers. We pray to the Almighty for his eternal peace and may his family find the strength to bear this loss.

 

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Publications

BIAC Certificate Recipints

Past Events

Photo Gallery

Bangladesh Arbitration Act 2001

BIAC Facilities & Services

Get In Touch With Us

Bangladesh International Arbitration Centre (BIAC)

Unique Heights, 13th Floor, Kazi Nazrul Islam Avenue, Dhaka-1217

Contact Us: 01314-447490

E-mail: info@biac.org.bd, Website:www.biac.org.bd