On August 7, 2019, the United Nations Convention on International Settlement Agreements Resulting From Mediation (the Singapore Convention) opened for signature in Singapore. Over 40 states have signed the treaty, including China, India, the United States and other major economies in Asia, Africa and the Middle East. The Singapore Convention will enter into force six months after ratification by at least three member states. The text of the Singapore Convention had been approved by the working group of the United Nations Commission on International Trade Law (UNCITRAL) in June 2018, following over three years of debate among member states and international organizations. It was adopted by the United Nations General Assembly in December 2018.
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