Singapore Convention on Mediation

The Singapore Convention on Mediation is an international treaty that facilitates the enforcement of settlement agreements resulting from mediation, a process where parties resolve disputes with the help of a neutral third party. Signed in 2019, it aims to make cross-border dispute resolution more efficient by providing a standardized legal framework for recognizing and enforcing mediated agreements across participating countries. This helps businesses and individuals settle disputes amicably without lengthy court processes, promoting global commerce and cooperation in resolving international disputes efficiently and reliably.