The United States Agency for International Development (USAID) assisted with development of a memorandum of understanding the eight companies individually signed on Tuesday, 18 July, with USAID’s Effective and Efficient Justice (EEJ) activity.

 The agreements enable the companies to receive commercial mediation training, exposure to international-standard mediation and commercial mediation services and encourages the companies to incorporate a mediation clause into their corporate contracts.

Nations Trust Bank PLC, Tudawe Brothers Ltd., AKK Engineering, Nawaloka Constructions, Dilmah Ceylon Tea Company, Maga Engineering Ltd., Ranasinha Constructions, and MAC Holdings signed their agreements at a ceremony held at Cinnamon Grand Hotel, Colombo.