Lalitpur, Dec 12: Prime Minister KP Sharma Oli has said Nepal could be developed as a credible place for international dispute resolution.

PM Oli said it while inaugurating a conference on arbitration relating to industrial and commercial contract and civil disputes organized by Nepal International ADR Centre (NIAC) in collaboration with Asia Pacific Centre for Arbitration and Mediation (APCAM) and Nepal Rastra Bank here Thursday.

PM Oli said Nepal was committed to resolve international disputes.

“Nepal has shown its commitment to the ADR standards by signing the New York Convention and Singapore Convention,” he reminded, adding that Nepal was actively participating in the international conventions on ADR.

The Head of the Government wished the conference named ‘ADR Week on Green Arbitration: Save Himalaya, Save Earth for Future Generation’ would be a significant event to whet discussion on dispute resolution.

The event is participated by the representatives from various international organizations, industrialists and experts.