ICC to train FBCCI on dispute resolution

The International Chamber of Commerce (ICC) will assist the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in the case of arbitration for dispute resolution.

ICC Chair Maria Fernanda Garza said the International Chamber will facilitate training programmes on arbitration for the FBCCI.

She expressed her willingness when FBCCI President Mahbubul Alam sought ICC's assistance in the field, during a meeting at the FBCCI office in Dhaka on October 16.

Alam lauded ICC's arbitration services and showed interest for signing a memorandum of understanding with the ICC to enhance FBCCI's capacity for dispute prevention and resolution.

He also sought ICC's cooperation in drafting proposals for free trade agreements and preferential trade agreements on dumping and anti-dumping issues.

The ICC chair informed the apex trade body of Bangladesh about the ICC Centenary Declaration on Dispute Prevention and Settlement.

She also praised the economic development Bangladesh has achieved and emphasised the importance of technology, cybersecurity and cross-border commerce.

ICC Bangladesh President Mahbubur Rahman and Vice President Mir Nasir Hossain, FBCCI Vice Presidents Khairul Huda Chopol, Mohammad Anwar Sadat Sarker and Md Munir Hossain were also present.