The exponential increase in disputes arising out of cross-border business and commerce has stimulated a growing appetite for arbitration. One of our AALCO centres, the Asian International Arbitration Centre (“AIAC”), has successfully held the International Arbitration Congress 2024 in Kuala Lumpur on 27 August 2024 with the theme “Redefining Its Horizon – Malaysia, Asia and Beyond”.
Mr. Nick Chan, BBS, MH, JP, the Director of AALCO Hong Kong Regional Arbitration Centre, attended in person to support AIAC and spoke on “AALCO Synergy: Empowering Regional Unity in Economic and Commercial Dispute Settlement.” AIAC was organized as co-panelists Mr. Wilfred D. Ikatari, Director of AALCO’s Regional Centre for International Commercial Arbitration Lagos, Ms. Jacqueline Oyuyo Githinji, Non-Executive Board Member of AALCO’s Nairobi Centre for International Arbitration, and Mr. Danesh Chandran, Assistant Director of AALCO’s AIAC. Together, they explored the potential for strategic collaboration among regional arbitral institutions under the auspices of AALCO, discussed how regional cooperation can help overcome geopolitical challenges in resolving economic and commercial disputes, and collectively embraced emerging trends in the global ADR landscape, including fraud, technology, and sanctions.
