UK Signs Singapore Convention: Transforming the Landscape of Commercial Cross-Border Dispute Resolution

The United Kingdom has recently signed the United Nations Convention on International Settlement Agreements Resulting from Mediation, commonly referred to as the Singapore Convention. This milestone event is poised to transform the landscape of commercial cross-border dispute resolution and significantly impact businesses engaged in international trade and commerce. In this article, we will discuss the key features of the Singapore Convention, examine the implications of the UK's accession for international business, and explore the potential impact on the resolution of commercial cross-border disputes in the UK and beyond. Background The Singapore Convention was adopted by the United Nations General Assembly in December...

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The Singapore Convention on Mediation “The Singapore Convention” The Significance Of The Convention And The Impact On Cross Border Mediation

Singapore Convention

The Singapore Convention is an international treaty to assist commercial parties with cross border commercial disputes. The United Nations treaty aims to settle differences through mediation rather than through Court Litigation sanctions or other economically damaging manoeuves. The goal is to resolve commercial disputes in an amicable manner which, in the end, is beneficial to all parties involved. The treaty does not impact States who are not signatories to the treaty.