Choosing the right arbitration centre in Bangladesh is one of the most important decisions in any commercial arbitration. The two main arbitration centres in Bangladesh are the Bangladesh International Arbitration Centre (BIAC) and the Bangladesh Institute of Arbitration (BIArb). Each has its own rules, panel of arbitrators, and administrative procedures, and the choice between them should be made carefully based on the nature of the dispute and the parties’ preferences.
BIAC: Bangladesh International Arbitration Centre
BIAC is the leading arbitration centre in Bangladesh, established in 2011. It is a member of APRAG and has established relationships with ICC, SIAC, and other international institutions. BIAC administers arbitrations under the BIAC Arbitration Rules and mediations under the BIAC Mediation Rules. It maintains a panel of experienced arbitrators and mediators and provides modern hearing facilities in Dhaka. BIAC is the preferred choice for high-value commercial arbitrations and international arbitrations involving foreign parties.
BIArb: Bangladesh Institute of Arbitration
BIArb is another recognised arbitration centre in Bangladesh, providing arbitration and mediation services under its own rules. BIArb also provides training and accreditation for arbitrators and mediators in Bangladesh. BIArb is a good choice for domestic commercial arbitrations, particularly for parties who prefer a smaller, more personal institution.
How to Choose Between BIAC and BIArb in Bangladesh
The choice between BIAC and BIArb depends on several factors: the value and complexity of the dispute (BIAC is generally preferred for high-value and complex disputes); the international dimension (BIAC is preferred for international disputes because of its international connections); the parties’ preferences; and the specific rules and procedures of each institution. For most commercial arbitrations in Bangladesh, BIAC is the preferred choice.
TRW Law Firm: Arbitration Centre Selection and Representation in Bangladesh
TRW Law Firm advises clients on the choice of arbitration centre and represents clients in BIAC and BIArb arbitrations. Contact TRW at tahmidurrahman.com or visit tahmidur.com.
Frequently Asked Questions
Can I use an international arbitration centre for a Bangladesh dispute?
Yes. The parties can agree to use an international arbitration centre — such as ICC, SIAC, or LCIA — for a Bangladesh dispute. However, for purely domestic disputes, BIAC or BIArb is generally more appropriate and cost-effective.
Is BIAC or BIArb better for construction arbitration in Bangladesh?
Both BIAC and BIArb have experience in construction arbitration. BIAC is generally preferred for high-value construction disputes because of its larger panel of arbitrators and its international connections.
How do I file a case with BIAC or BIArb in Bangladesh?
To file a case with BIAC, submit a request for arbitration to BIAC, attaching the relevant contract, a description of the dispute, and the registration fee. The procedure for BIArb is similar. Both institutions will then notify the other party and the proceedings will commence.
Related articles: Alternative Dispute Resolution in Bangladesh | Arbitration Lawyer in Bangladesh | Commercial Arbitration in Bangladesh
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Contact TRW Law Firm
If you need expert legal advice on this matter, contact TRW Law Firm — one of Bangladesh’s leading law firms specialising in ADR, arbitration, and commercial litigation. Visit tahmidurrahman.com or meheruba.com to speak with a specialist today.
