46 UN Members Sign the Singapore Convention on Mediation Towards Improving Trade - Forex News by FX Leaders
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46 UN Members Sign the Singapore Convention on Mediation Towards Improving Trade

Posted Wednesday, August 7, 2019 by
Arslan Butt • 1 min read

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.

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About the author

Arslan Butt // Index & Commodity Analyst
Arslan Butt is our Lead Commodities and Indices Analyst. Arslan is a professional market analyst and day trader. He holds an MBA in Behavioral Finance and is working towards his Ph.D. Before joining FX Leaders Arslan served as a senior analyst in a major brokerage firm. Arslan is also an experienced instructor and public speaker.
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