ISLAMABAD, Jul 21 (APP): The Islamabad Chamber of Commerce and Industry (ICCI) and the International Center for Appropriate Dispute Resolution and Prevention (ICADRP) have announced a strategic collaboration to advance Alternate Dispute Resolution (ADR) mechanisms for the business community.
The collaboration was reached after a delegation from ICADRP, led by CEO Dr Nudrat E. Piracha, visited the ICCI and held a constructive meeting with its President Nasir Mansoor Qureshi, a news release said on Monday.
The delegation included Managing Director Barrister Farrukh Karim Qureshi and Vice President Strategic Alliances Hamid Sharif.
From ICCI, Executive Member Shumaila Siddiqui and Advisor to the ICCI President, Naeem Siddiqui, were also present at the meeting.
Qureshi underscored ICCI’s commitment to supporting alternative legal frameworks that offered fast, cost-effective, and amicable resolutions for commercial disputes.
He highlighted the increasing importance of ADR in the current economic climate and praised ICADRP’s contribution in championing mediation and arbitration practices across Pakistan.
The ICCI President also briefed the delegation on the Mediation Council Office established at ICCI under the amended Rent Restrictions Act 2023.
He said the Council has significantly contributed to resolving commercial rent issues and has successfully promoted out-of-court settlements, a welcome shift from time-consuming litigation to more business-friendly solutions.
In response, Dr Nudrat Piracha, Barrister Farrukh Qureshi, and Hamid Sharif commended ICCI for its proactive vision and shared ICADRP’s ongoing efforts in institutionalizing ADR frameworks nationwide.
They emphasized that persistent delays in the conventional legal system underscored the urgent need for efficient alternatives like mediation and arbitration, especially for businesses.
Both institutions agreed to work closely to raise awareness and build capacity around ADR.
Under the partnership, ICADRP would conduct specialized training sessions for mediators and organize an exclusive presentation at ICCI to highlight the practical benefits of ADR, particularly in terms of time efficiency, cost savings,
and dispute resolution quality.
Advisor to the ICCI President, Naeem Siddiqui, also shared his views, expressing confidence that the collaboration would lead to a more accessible, just, and commercially viable dispute resolution ecosystem.
“This partnership is a timely move to provide the business community with effective alternatives to litigation, strengthening the overall business environment in Pakistan,” he noted.