Dhaka, Bangladesh (BBN)– The Bangladesh International Arbitration Centre (BIAC) will be launched in the capital Dhaka on Saturday.

The Minister for Law and Parliamentary Affairs, Barrister Shafique Ahmed, will be the chief gust at a function, to be held at the Bangabandhu International Centre in Dhaka, marking the inauguration of the BIAC.

The International Chamber of Commerce, Bangladesh (ICC-B) has taken the lead role in setting up of the BIAC. The Dhaka Chamber of Commerce and Industry (DCCI) and the Metropolitan Chamber of Commerce and Industry (MCCI) are also in collaboration with ICC-B for establishment of the BIAC as a not-for profit organization.

Minister of Commerce Mohammad Faruk Khan MP and Economic Affairs Adviser to the Prime Minister, Mashiur Rahman, will be present at the launching ceremony of the BIAC, as the special guests.

BBN/SSR/AD-09Apr11-12:40 am (BST)