Workshop organised by SAARC Arbitration Council with FCCISL, SLNAC

Tuesday, 31 July 2018 00:00 - - {{hitsCtrl.values.hits}}

A workshop on the ‘Importance of SARCO as Regional Arbitration Centre for Development of Trade and Investment and the Context of Arbitration in Sri Lanka’ is going to be held on 3 August at Hilton Hotel, Colombo. This workshop will be conducted by the SAARC Arbitration Council (SARCO) in collaboration with Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and Sri Lanka National Arbitration Centre (SLNAC), bringing together members of the legal fraternity, arbitration and alternative dispute resolution practitioners and professionals from the public and private sectors.

SAARC Arbitration Council, Islamabad (SARCO), is one of the Specialised Bodies of South Asian Association for Regional Co-operation (SAARC), comprising member states Islamic Republic of Afghanistan, People’s Republic of Bangladesh, the Kingdom of Bhutan, Republic of India, Republic of Maldives, Federal Democratic Republic of Nepal, Islamic Republic of Pakistan, and Democratic Socialist Republic of Sri Lanka.

It is an inter-governmental body mandated to provide a legal framework/ forum within the region for fair and efficient settlement of commercial, industrial, trade, banking, investment and such other disputes, as may be referred to it by the member states and their people.

This Workshop endeavours to highlight the role of SARCO as a regionally mandated body of SAARC member countries in the field of arbitration and to help foster a more conducive institutional ADR environment in Sri Lanka. The main areas to be addressed in this workshop are:

*Challenges faced by institutional arbitration in the SAARC region, with the focus on Sri Lanka

*The opportunities that exist in the huge trade spectrum of the SARRC region

*The role of SARCO for effective ADR proceedings to promote a more conducive training and legal environment in Sri Lanka

*Arbitration in Sri Lanka: Past, present and the future

*Arbitration at SARCO and enforcement of its arbitral awards

The workshop is targeted at all business people, members of the legal fraternity, arbitration and alternative dispute resolution practitioners, professionals from the public and private sectors, academics, and people who wish to learn more about arbitration and conciliation as an option for dispute resolution in Sri Lanka.

Applications are now available at the FCCISL office (No. 696/3/4, Havelock Road, Colombo 6) and on their website (www.fccisl.lk). For more information, please contact FCCISL officers on 011 2366996/7, 076 7823246 or 076 3350252 or 077 1851857.