15 December 2016

PCA signs Cooperation Agreement with BIAC

At a ceremony held on 28 November 2016 in Dhaka, a cooperation agreement was concluded between the PCA and the Bangladesh International Arbitration Centre (BIAC).

The cooperation agreement establishes a framework for the two organizations to join forces in the promotion of arbitration as a means for the peaceful settlement of international disputes, and in raising awareness about developments in the field. In addition, it formally recognizes the benefits of cooperation among international arbitral institutions.

On a practical level, under this agreement, each institution will be able to hold hearings and meetings at the other’s premises, and will assist with the arrangement of local support services for such events.

The PCA has also signed cooperation agreements with other arbitration institutions and international organizations worldwide, click here for more information.