Historical or Background of Singapore Convention On Mediation - Highlighted

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Introduction

The Singapore Convention on Mediation (the “Singapore Convention” or “Convention”) is a multilateral treaty which
enforcement and invocation of international settlement agreements resulting from mediation. It applies to intern
mediation, concluded by parties to resolve a commercial dispute.

The Singapore Convention will facilitate international trade and commerce by enabling disputing parties to easily enf
borders. Businesses will benefit from mediation as an additional dispute resolution option to litigation and arbitratio
Convention is therefore a strong statement of a country’s commitment to trade, commerce and investment, and stre
trade law.

UNCITRAL WGII
At its forty-seventh session in July 2014, the UNCITRAL Commission agreed that the Working Group II (Dispute Se
enforcement of international settlement agreements resulting from conciliation proceedings, and report to the Commi
feasibility and possible form of work in that area.

In July 2015, the Commission took note of the consideration of the topic by WGII, and agreed that WGII should c
develop possible solutions, including the preparation of a convention, model provisions, or guidance texts. The Commis
respect to the topic should be broad, to take into account the various approaches and concerns. 85 Member S
participated in the deliberations, which took place over six sessions. Through the deliberations, WGII reached a c
Commission expressed support for WGII to finalise its work by preparing: a draft convention on international settleme
as a draft amendment to the UNCITRAL Model Law on International Commercial Conciliation (2002).

The Convention was finalised at the fifty-first UNCITRAL Commission session, which came to a close in July 20
Model Law on International Commercial Mediation and International Settlement Agreements Resulting from Mediation

UN General Assembly
In December 2018, the United Nations General Assembly, by consensus, passed a resolution to adopt the United
Agreements Resulting from Mediation, recommended that the Convention be known as the “Singapore Convent
ceremony of the Convention to be held in Singapore on 7 August 2019.

Status of Convention
46 countries, including the world’s two largest economies – the United States and China – as well as three of the fou
South Korea – signed the Convention on the day it opened for signature. Another 24 countries attended the signing c
the Convention.

On 25 February 2020, Singapore and Fiji became the first two countries to deposit their respective instruments of rati
Headquarters in New York. With the third instrument of ratification deposited by Qatar on 12 March 2020, the Conventio

As of 10 October 2022, the Convention has 55 signatories, of which eight are parties to the Convention. A full list of s
found here

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