BANGLADESH INTERNATIONAL ARBITRATION CENTRE
The Institution for Alternative Dispute Resolution
In the on-going global financial and economic crisis, businesses need to take stringent measures to ensure sound sales transactions. In order to run a business smoothly, it is vital to know how to resolve any disputes in a cost-effective and timely manner. Contractual and Commercial disputes are unfortunate and yet unavoidable scene in the corporate world to which lengthy litigation process of our country provides little or no redress. In such cases, Arbitration and Mediation and other methods of ADR can provide an opportunity to the parties to resolve such disputes expeditiously in a manner that does not disrupt their business dealings, without having to resort to litigation. These methods of ADR and its application in the commercial world are explored in the above-mentioned courses.
The aim of arranging international courses on ADR is to enable the participants to understand international trade finance scenarios as well as ADR methods to avoid risks in cross-border transactions. The training will also help in understanding the new developments in the business world and how the changes impact users and its legal certainty. Day by day BIAC is collaborating with more international and regional centres like Indian Institute of Arbitration and Mediation (IIAM), Bali International Arbitration and Mediation Centre (BIAM), Indonesia, Vietnam International Arbitration Centre (VIAC), BANI Arbitration Centre, Jakarta, Indonesia and Philippine Institute of Arbitrators (PIArb) and expanding and enriching its training activities. By these training courses a trainee can choose and enter this field to develop his /her professional career without any prior knowledge or experience.
BIAC arranges certificate training programmes abroad, jointly with those ADR centres which BIAC has entered into collaboration agreements with. BIAC organised Introduction to International Arbitration course in collaboration with Chartered Institute of Arbitrators (CIArb), Singapore in Singapore and Accreditation Course on Mediation in collaboration with Thailand Arbitration Centre (THAC) in Bangkok, Thailand.
In 2018, BIAC introduced a new certificate training course on International Cross Culture, Civil and Commercial Mediation & Negotiation jointly with the Indian Institute of Corporate Affairs (IICA) under the aegis of the Ministry of Corporate Affairs, Government of India and Bridge Mediation Consultant pvt Ltd in India. BIAC also organised a training course on Credit Risk Management jointly with Bridge Mediation Consultant pvt Ltd., India at Gujarat National Law University, Gandhinagar India, in 2020.
In 2019, Bangladesh International Arbitration Centre (BIAC) started to organise certificate course on International Commercial Arbitration jointly with Kunming International Commercial Arbitration Service Centre (KICASC), Kunming, China. In this course, participants and trainers were from Bangladesh and China.
Usually as an International training institute, BIAC organises following courses: