17 Jan 2022 – BAIAC entered into a cooperation MoU with the Malaysia-Laos Business Council Organization (MLBCO).

January 24, 2022

On 17 January 2022, BAIAC and MBLCO entered into a cooperation MoU. A  ceremony was held an event in Kuala Lumpur by MBLCO for the signing of various MoUs with parties from the region. Lao’s Deputy Minister of Technology and Communication, Dr Santisouk Simmalavong and Malaysia’s Minister in the PM’s Department (Economy) Dato’ Sri Mustapa Mohamad delivered official speeches virtually from Lao and in-person in Kuala Lumpur. The MLBCO is established to promote Malaysia-Lao business links through private and public sectors. The MoU signing entails the use of BAIAC arbitration clause and rules in contracts involving the MLBCO. In addition, BAIAC will also be assisting MLBCO with trainings in relation to the conduct of arbitration for cross-border trade disputes.

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