The Singapore International Arbitration Centre (SIAC) is pleased to announce that we have entered into a Memorandum of Understanding (MOU) with the Bahrain Chamber for Dispute Resolution (BCDR) today to promote the more effective resolution of international disputes through arbitration.
Under the MOU, SIAC and BCDR will jointly organise in-person, hybrid, or virtual conferences, seminars and workshops on international arbitration in Singapore and Bahrain, and will invite key members of their local arbitration community to attend and participate in major events organised by SIAC in Bahrain or by BCDR in Singapore.
The terms of the MOU also contemplate that BCDR will, subject to the terms of the MOU, extend the use of BCDR´s current hearing facilities at preferential rates for SIAC arbitration hearings that are held in Bahrain, and SIAC will, subject to the terms of the MOU, assist to request the use of hearing facilities in Maxwell Chambers at preferential rates for BCDR arbitration hearings that are held in Singapore.
The Press Release may be read in full here.