The International Chamber of Commerce (ICC) has expressed its eagerness to assist the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) in handling dispute resolution and arbitration.
FBCCI President Mahbubul Alam on Wednesday told UNB that the issues came when he held a meeting with Maria Fernanda Garza, chair of the International Chamber of Commerce (ICC), two days ago in Dhaka.
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Alam said the meeting discussed different issues from skill development to capacity enhancement involving international trade and legal affairs.
The ICC chair also expressed her interest in facilitating training programmes in partnership with the FBCCI, Alam said.
“The services of arbitration offered by the ICC are extraordinary and unique. We have a lot to learn about how dispute prevention and resolution are managed by the ICC,” Alam said.
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“The ICC has already offered several training programmes in this field. We will sign an MoU with the ICC to strengthen the arbitration training of the FBCCI, which will be very beneficial for us,” Alam said.
The FBCCI boss also sought cooperation from the ICC to help enhance the private sector's skill in order to draft appropriate and acceptable proposals for the PTAs and the FTAs, dumping, and anti-dumping issues.
Alam also lauded the friendly and cooperative relations with the ICC Bangladesh.
The ICC chair shed light on the new arbitration facilities offered by the ICC and the ICC Centenary Declaration on Dispute Prevention and Settlement.
Released on 19 January 2023, this declaration outlines a vision for arbitration in the next century, shortening the process significantly.
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She also praised the remarkable economic development of Bangladesh, especially the country's progress in recent years.
Maria stressed the importance of cross-border commerce, especially during the today’s uncertain global landscape. She also discussed the importance of cutting-edge technology and cybersecurity in the business sector.
Former President of FBCCI and the President of the ICC Bangladesh Mahbubur Rahman, Former President of FBCCI Mir Nasir Hossain, FBCCI Vice President Khairul Huda Chopol, Mohammad Anwar Sadat Sarker, Md. Munir Hossain, Directors, and other dignitaries attended the meeting held on Monday in Gulshan.