KUALA LUMPUR, Oct 14 (Bernama) -- Reforms involving the Asian International Arbitration Centre (AIAC), including the establishment of the AIAC Court of Arbitration, are aimed at strengthening Malaysia’s credibility as a trusted international hub for alternative dispute resolution (ADR), said Minister in the Prime Minister's Department (Law and Institutional Reform) Datuk Seri Azalina Othman Said.
General : AIAC Reforms To Strengthen Malaysia As International ADR Hub - Azalina
arbitration, alternative dispute resolution, Azali
Key takeaways
Malaysia's AIAC reforms aim to boost its status as a trusted international ADR hub, with new court structures and government support.
- AIAC reforms include establishing the AIAC Court of Arbitration to enhance Malaysia's ADR credibility.
- Government support emphasizes AIAC's independence and impartiality to build business confidence.
- Malaysia seeks to shape the global arbitration landscape and attract more investment through these changes.
Summarised automatically by AI from the original article by Bernama. AI can make mistakes, so check the original for details.
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