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Singapore Mediation Convention
United Nations Convention on Mediation From Wikipedia, the free encyclopedia
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The Singapore Convention on Mediation, formally the United Nations Convention on International Settlement Agreements Resulting from Mediation is an international agreement which provides a uniform and efficient framework for the recognition and enforcement of mediated settlement agreements that resolve international, commercial disputes - akin to the framework that the 1958 New York Convention provides for arbitral awards.[1] It was adopted on 20 December 2018 by the UN General Assembly and opened for signature on 7 August 2019.[2] The Convention entered into force on 12 September 2020, that is, six months after the deposit of the third ratification instrument by Qatar, the first two being Singapore and Fiji.
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Background
The impetus for the Singapore Convention on Mediation arose at the February 2014 public meeting of the U.S. State Department's Advisory Committee on Public International Law, when Professor S.I. Strong suggested work on a convention concerning the international enforcement of mediation and settlement agreements.[3] In June 2014, the United States - led by U.S. State Department Attorney-Advisor Timothy Schnabel[4] - submitted a proposal to the United Nations Commission on International Trade Law (UNCITRAL) concerning a new instrument involving enforcement of settlement agreements arising out of mediation.[5] The Commission referred the matter to UNCITRAL Working Group II, and deliberations ensued. The text was finalized by UNCITRAL on June 25, 2018, and adopted by the U.N. General Assembly on December 20, 2018.
The Singapore Convention on Mediation opened for signature on August 7, 2019, and saw a record 46 countries, including both the United States and China, sign on opening day.[4]
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List of States Signatory to the Convention
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As of 19 April 2024, 57 states have signed the convention and 12 states have deposited their respective instruments of ratification or approval.[6]
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References
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