The Singapore International Arbitration Centre (SIAC) is pleased to announce that it has entered into a Memorandum of Understanding (MOU) with the Santiago Arbitration and Mediation Centre (CAM Santiago) to promote international arbitration as a preferred method for resolving international disputes, and to enhance the accessibility, efficiency and effectiveness of international arbitration.
Under the MOU, SIAC and CAM Santiago will jointly organise in-person, hybrid, and virtual conferences, seminars and workshops on international arbitration in Chile and Singapore. CAM Santiago will extend the use of its hearing facilities at preferential rates for SIAC arbitration hearings that are held in Santiago, and SIAC will, subject to the terms of the MOU, assist to request the use of hearing facilities in Maxwell Chambers at preferential rates for Santiago- seated arbitration hearings that are held in Singapore.
The MOU was signed on 13 August 2021 by Ms Lim Seok Hui, CEO of SIAC, and Mr Herman Chadwick, President of CAM Santiago.
The Press Release may be read in full here.