The Multan Chamber of Commerce & Industry (MCCI) and Saarc Arbitration Council (Saarco) on Thursday signed a memorandum of understanding (MoU) to further strengthen the process of mediation in the region. MCCI President Khawaja Jalaluddin Roomi inked MoU on behalf of the MCCI while Director General Saarco Thusantha Wijemanna signed the document on behalf of Saarc Arbitration Council. Mehnaz Gardezi, Khurram Javed, Muhammad Ali Wasti were also present on the occasion.
MCCI President Khawaja Jalaluddin Roomi said "by developing close liaison with each other we can greatly resolve trade, commercial, industrial, banking and investment disputes through conciliation and arbitration." He said Multan Chamber had already taken a positive step through establishing a Mediation Centre. Director General Saarco Thusantha Wijemanna, in his address, urged the MCCI members to avail the services of Saarco to settle their disputes out of the court with their counterparts in SAARC member states. He said "Saarco is acting as a quality alternative dispute resolution forum that would act on behalf of governments and the people of Saarc member states on its panel of arbitrators and conciliators.