BIAC signed Cooperation Agreement with Vietnam International Arbitration Centre (VIAC) for resolving commercial dispute through ADR.Chief Executive Officer of Bangladesh International Arbitration Centre (BIAC) Mr. Muhammad A. Rumee Ali signed a Cooperation Agreement with Mr. Vu Anh Duong, Secretary General of Vietnam International Arbitration Centre (VIAC) in Hanoi, Vietnam on 21 April, 2016. This Cooperation Agreement is intended to explore areas for co-operation in respect of the use of facilities and services of both the centres on alternative dispute resolution (ADR). Mr. Duong expressed his gratitude for taking such initiatives of 
signing this agreement and helping both countries to work together for resolving commercial disputes between the business of both the countries.
The signing ceremony was attended by BIAC Chairman & ICC Bangladesh President Mahbubur Rahman, Mahbub Jamil, Chairman of ICE Technologies Limited & Former Chairman of Singer Bangladesh Ltd; Aftab ul Islam, President & CEO of IOE (Bangladesh) Ltd.; Kutubuddin Ahmed, Chairman, Envoy Group & Former President, BGMEA; R. Maksud Khan, Chairman, Bengal Fine Ceramics Ltd., Anis A Khan, Managing Director and CEO, Mutual Trust Bank Ltd.; Mr. Mohammad Shajahan Khan, Managing Director S.S. Shipping & Chartering Ltd. and Mr. Ataur Rahman, Secretary General, ICC Bangladesh.
H.E Md. Shahab Ullah, Ambassador of Bangladesh to Vietnam; VCCI Secretary General Ms. Pham Thi Thu Hang, Pham Quang Thinh, VCCI, Mr. Tran Huu Huynh, President of VIAC were also present at the Ceremony.
Ambassador thanked BIAC Chairman Mahbubur Rahman for taking the initiative in signing the MoU between the Arbitration Centre of Bangladesh and Vietnam and hoped that this will help promote further trade between the countries.
BIAC is also in the process of signing the Cooperation Agreement with Permanent Court of Arbitration Centre (PCA), International Cotton Association (ICA), the Kuala Lumpur Regional Centre for Arbitration (KLRCA), The Cairo Regional Centre for International Commercial Arbitration (CRCICA), Sri Lanka Arbitration Centre and other ADR centre for excellence.
