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46 States Sign Singapore Convention on Mediation

On 7 August 2019, 46 countries (including the People’s Republic of China and the United States) signed the United Nations Convention on International Settlement Agreements Resulting from Mediation (also called the Singapore Convention on Mediation) (the Convention or the Singapore Convention). Without the Convention, an international mediated settlement agreement can only be enforced in the same way as any other contract (i.e., through judicial or arbitral proceedings for breach of contract).

Similar to the purpose of New York Convention on the enforcement of arbitral awards, the Convention therefore aims to facilitate the enforcement of “international” mediated settlement agreements.READ MORE