We are pleased to announce our Head of Chambers' addition to the prestigious Singapore Chamber of Maritime Arbitration (SCMA) Panel of Arbitrators. The profile is currently up on the SCMA’s website and accessible here. Read More
Summary Excelerate Energy's proposal to construct its third floating storage and regasification unit (FSRU) near the Payra seaport in the Bay of Bengal has been unsuccessful due to the cancellation of an initial agreement. Petrobangla has sent a letter terminating the non-binding agreement, and the interim government has canceled the term sheet agreement with the energy giant’s Bangladesh Company. This... Read More
Summary: On June 19, in Valletta, Malta, the Ministry of Foreign and European Affairs and Trade of Malta, Comité Maritime International, and the United Nations Commission on International Trade Law (UNCITRAL) hosted a commemorative event for the United Nations Convention on the International Effects of Judicial Sales of Ships (also known as the "Beijing Convention on the Judicial Sale of... Read More
The United Nations Convention on Contracts for the International Sale of Goods (CISG) is considered one of the core international trade law conventions, universally desirable for adoption. Presently, 97 countries, including the USA (1988), Germany (1991), Denmark (1990), most EU countries, Japan (2009), Russia (1991), Australia, China (1988), Singapore, Brazil (2014), Bahrain (2014), Canada, Congo (2015), and Madagascar (2015), have... Read More
Summary: The share price graph of Alphabet is facing an unsteady movement due to a United States judge's ruling that Google’s search business was an illegal monopoly. It also raises concerns about unexpected competition due to generative artificial intelligence like ChatGPT and other AI. It is assumed that the Department of Justice (DOJ) may file proposed remedies to redress historical... Read More
Summary: The current interim government of Bangladesh kick-started to join the Regional Comprehensive Economic Partnership (RCEP). The government is increasing its efforts to seek membership of RCEP despite the previous government's failure. An assessment by the Bangladesh Trade and Tariff Commission (BTTC) states that joining the RCEP block might boost Bangladesh's export rate to its member nations. Context: An agreement for... Read More
Summary: The government of Bangladesh will not encourage companies to reroute export-import commerce through Indian ports because no special facilities are provided and a local deep-sea port is on the horizon. Concerned authorities also made this choice because they believe Bangladesh may not be able to receive any preferential treatment from Indian ports in comparison to regional transshipment ports in... Read More
Summary: One of the largest centers of the world's apparel industry, Bangladesh, is experiencing a backlog in orders due to recent political unrest, making it more difficult for garment manufacturers there to fulfill orders on time due to floods that interrupts their cotton supplies. Context: Bangladesh exported $38.4 billion worth of apparel in 2023, making it the third-largest garment exporter in the... Read More
Summary: On July 2, 2024, at UN Headquarters in New York, the European Union signed the United Nations Convention on Transparency in Treaty-based Investor-State Arbitration, also known as the "Mauritius Convention on Transparency". The European Union's signature on the Convention creates the opportunity for Member States to ratify, accede to, or accept it. The signing coincides with the 10th-anniversary celebration... Read More
Note from our esteemed Head of Chambers: I am thrilled to announce that I have been re-appointed for a second time as a delegate to the ICC Commission on Arbitration and ADR for the 2024-2027 mandate by ICC BANGLADESH. This prestigious role within hashtag#ICCCommissionArbitrationADR is an incredible opportunity to contribute to ICC Disputes Resolution Services’ unique think tank, enabling thought... Read More
