UNCITRAL Model Law on International Commercial Mediation

The UNCITRAL Model Law on International Commercial Mediation provides a standardized framework for resolving disputes between businesses from different countries through mediation. It aims to promote fairness and efficiency in the mediation process by establishing clear guidelines on how mediations should be conducted, the role of mediators, and how agreements reached in mediation are treated legally. This model law seeks to encourage the use of mediation as a preferred method for resolving international commercial disputes, fostering international trade and investment by providing a reliable mechanism for conflict resolution.