Bangladesh International Arbitration Centre (BIAC) has signed a Memorandum of Understanding (MoU) with Rangs Group for resolving of commercial dispute (if any) using Alternative Dispute Resolution (ADR) methods.
The signing ceremony was held on Monday at the Head Office of Rangs Group in Tejgaon, a press release said here today.
Chief Executive Officer of BIAC Muhammad A (Rumee) Ali and Managing Director of Rangs Group Romo Rauf Chowdhury signed the MoU on behalf of their respective organisations.
The major objective of the MoU is providing a framework to facilitate resolution of contractual and commercial disputes (if arises) of Rangs Group and its affiliated companies using ADR methods-- Arbitration and mediation--through expertise services of BIAC.