Rwanda has now signed the Singapore Convention, bringing the total number of signee countries to 52. Congratulations to Rwanda!
[The Singapore Convention] applies to international settlement agreements resulting from mediation (“settlement agreement”). It establishes a harmonized legal framework for the right to invoke settlement agreements as well as for their enforcement.
The Convention is an instrument for the facilitation of international trade and the promotion of mediation as an alternative and effective method of resolving trade disputes. Being a binding international instrument, it is expected to bring certainty and stability to the international framework on mediation, thereby contributing to the Sustainable Development Goals (SDG), mainly the SDG 16.UNCITRAL
Singapore Convention signees
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