Beihai Asia International Arbitration Centre( BAIAC) and the Faculty of Law, Thammasat University (TU Law), Bangkok, have entered into a cooperation Memorandum of Understanding (MoU) on 1 May 2021.
Faculty of Law, Thammasat University is the oldest law school in Thailand and is highly regarded for producing the country’s eminent leaders and figures since its inception in 1934. Beihai Asia International Arbitration Centre (BAIAC) is a Singapore based arbitration centre established by the Beihai Arbitration Commission focusing on international commercial disputes arising from ASEAN, China and the BRI countries.
With the signing of the MoU, the parties hope to develop mutually beneficial cooperation in the area of arbitration training, education and research involving the ASEAN region with a focus on Thailand, Singapore, and Guangxi. In addition, the parties would also be working on a pilot program to train faculty members of TU Law as international arbitrators and experts.