KUALA LUMPUR, March 18 (Bernama) - The Kuala Lumpur Regional Centre for Arbitration (KLRCA) inked a memorandum of understanding (MoU) with the University of Malaya (UM) today to offer internship placements for UM students at the KLRCA.
Minister in the Prime Minister's Department Datuk Seri Azalina Othman Said was present to witness the MoU signing here between KLRCA director Datuk Prof Sundra Rajoo and UM Law Faculty Dean, Associate Prof Dr Johan Shamsuddin Sabaruddin.
In her speech, Azalina said the strategic partnership creates new possibilities for UM students in the near future and in the long run.
"From this internship, students would most certainly benefit from KLRCA's extensive experience in alternative dispute resolution (ADR), as well as its vast network with numerous other leading dispute resolution and academic institutions," she said.
Earlier, Azalina officiated the inaugural International Chamber of Commerce (ICC)-KLRCA Pre-Moot Court Competition, which is the first ever Pre-Moot held in Malaysia.
The three-day competition kicked off yesterday (March 17), and saw the participation of 150 young talents in 36 teams from 15 countries including Australia, Brazil, France and Japan.
Local teams participating in the competition include law students from UM, Brickfields Asia College, Taylor's University Law School and Universiti Teknologi Mara.
According to Sundra, Pre-Moots are scheduled throughout the world to prepare teams for the upcoming Willem C. Vis International Commercial Arbitration Moot Court Competition, which will be held in Vienna, Austria next month.
Apart from that, the KLRCA Young Practitioners Group was formally launched yesterday to create synergy between budding ADR practitioners and senior practitioners.
ADR refers to a procedure for settling disputes without litigation such as mediation, negotiation and arbitration.