46 UN Members Sign the Singapore Convention on Mediation Towards Improving Trade

46 member nations of the United Nations, including the US and China, signed the International Settlement Agreements

Trade in focus

46 member nations of the United Nations, including the US and China, signed the International Settlement Agreements Resulting from Mediation, in a bid to improve trade relationships.

This Singapore Convention on Mediation is aimed at easing cross-border commercial trade conflicts. It will offer a global framework which can be utilized by businesses to settle international trade disputes via mediation instead of pursuing legal options.

With this, mediation in international trade disputes can gain global acceptance and remove any potential uncertainty around the use of mediation towards reaching settlement agreements.

ABOUT THE AUTHOR See More
Arslan Butt
Index & Commodity Analyst
Arslan Butt serves as the Lead Commodities and Indices Analyst, bringing a wealth of expertise to the field. With an MBA in Behavioral Finance and active progress towards a Ph.D., Arslan possesses a deep understanding of market dynamics.His professional journey includes a significant role as a senior analyst at a leading brokerage firm, complementing his extensive experience as a market analyst and day trader. Adept in educating others, Arslan has a commendable track record as an instructor and public speaker.His incisive analyses, particularly within the realms of cryptocurrency and forex markets, are showcased across esteemed financial publications such as ForexCrunch, InsideBitcoins, and EconomyWatch, solidifying his reputation in the financial community.

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