As of 14 October 2021, the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the “Singapore Convention on Mediation” has 55 signatories, of which eight are parties to the Convention. A full list of signatories and parties to the Convention is available on the UNCITRAL website: https://uncitral.un.org/. Further up-to-date information on the Convention and its status, including an overview of the implementing legislation of the Parties to the Convention, the official preparatory documents from the UNCITRAL Working Group II negotiations (Travaux Préparatoires) and other useful resources, may be found here.
With the deposit of the instrument of ratification, Turkey becomes the eighth State Party to the Singapore Convention on Mediation. The ratification by Turkey was effected on 11 October 2021 and the Convention will enter into force for Turkey on 11 April 2022.
The Singapore Convention on Mediation facilitates international trade and promotes mediation as an alternative and effective method of resolving commercial disputes by providing an effective mechanism for the enforcement of international settlement agreements resulting from mediation.
The Convention is open for signature, ratification, and accession by States and regional economic integration organizations.
Please note that Singapore Convention Week 2022 which brings together top practitioners and headline makers in the international dispute resolution scene will run from 29 August to 2 September, organised by the Singapore Ministry of Law (MinLaw), in collaboration with supporting partner organisations, including international dispute resolution institutions. You may indicate your interest to attend, through the following link.
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More Singapore Convention news
- Roebuck Lecture 2022: Mandating Mediation – The Digital SolutionMediation is already mandated in many jurisdictions. However, there is no standardised approach as to how mandated mediation can and should work globally. As discussions about how mandated mediation continue to unfold around the world, Sir Geoffrey will explore how digital technologies could pave the way towards mainstream adoption of mediation, what is required of mediators to facilitate that change and how such changes will impact on practice.
- Turkey Ratifies the Singapore ConventionAs of 14 October 2021, the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the “Singapore…
- Honduras ratifies the Singapore Convention