International Chamber of Commerce seeks collaboration with Sarawak gov’t to mediate int’l trade disputes

4 months ago 46
ADVERTISE HERE
Abang Johari (fourth right) flanked by Salomon (fourth left) and other officials during the courtesy visit in Wisma Bapa Malaysia on July 3, 2024. Photo credit: JaPen

Advertisement

By DayakDaily Team

KUCHING, July 3: The International Chamber of Commerce (ICC) has expressed its intention to collaborate with the Sarawak government to act as a mediator in resolving trade disputes involving international companies.

According to a TVS news report, Claudia Salomon, the president of the International Court of Arbitration for the ICC, highlighted the significance of this partnership for Sarawak, a growing hub for foreign investments.

Advertisement

“We know a lot of foreign investment in Sarawak, and we hope that the Sarawak government will choose ICC Arbitration a trusted mediator for resolving disputes.

“We also hope to build a strong relationship with the Sarawak government,” she said when met by reporters after paying a courtesy call on Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg at his office in Wisma Bapa Malaysia today.

Salomon also noted that the interests of the Sarawak government align with the ICC court’s core mission, which focuses on governance, development, and economic prosperity.

Additionally, the ICC plans to offer and develop educational programmes for lawyers in Sarawak, along with capacity-building initiatives.

“We aim to create an advanced education programme so that more lawyers dealing with cross-border contracts understand the value of ICC arbitration,” she added.

The ICC is committed to promoting open trade, business self-regulation, combating corruption, and addressing commercial crime on a global scale. — DayakDaily

Read Entire Article