BANGLADESH INTERNATIONAL ARBITRATION CENTRE
The Institution for Alternative Dispute Resolution
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.