ANNOUNCEMENT
November 05, 2014
Signing Ceremony: Collaboration Agreement between the Kuala Lumpur Regional Centre for Arbitration (KLRCA) & Thailand Arbitration Centre (THAC)
Signing Ceremony: Collaboration Agreement between the Kuala Lumpur Regional Centre for Arbitration (KLRCA) & Thailand Arbitration Centre (THAC)
The 4th of November 2014 proved to be a significant day in KLRCA’s calendar. Apart from having the privilege of witnessing the Prime Minister of Malaysia officially launch the Centre’s newest premises, Bangunan Sulaiman; the Centre also had the honour of signing a collaboration agreement with the region’s latest alternative dispute resolution centre, the Thailand Arbitration Centre (THAC).
Staying true to the promises made by KLRCA’s Director, Datuk Professor Sundra Rajoo, in his speech delivered earlier in the day – to continue synergizing with other regional institutions to collectively elevate the standards of Asia’s alternative dispute resolution standing, a signing ceremony was held to formally commemorate the memorandum of understanding between the two Asian arbitration counterparts.
The collaborative venture will see the KLRCA and THAC jointly organising seminars, conferences, educational training and internship programmes on arbitration from time to time – with the main goal of enhancing each party’s contribution to their respective nations and continent.
A large crowd comprising of honourable ambassadors, senior arbitrators and eminent members of the KLRCA’s Advisory Board bore witness to the ceremony as KLRCA’s Director Datuk Professor Sundra Rajoo and THAC’s Managing Director Mr Pasit Aswawattanaporn took centre stage to officially sign the collaborative agreement documents.
Representatives of both centres then exchanged gifts to signify the mutually beneficial agreement and as a show of good will.