THE SINGAPORE MEDIATION CONVENTION: A ROAD TO CHANGE?
By Navreeti Srivastava
The paper aims to provide an analysis of the history, framework, motivation and purpose of the United Nations Convention on International Settlement Agreements Resulting from Mediation also called the Singapore Convention on Mediation (hereinafter “the Convention”). The Convention was developed as a multilateral treaty by the United Nations Commission on International Trade Law (hereinafter “UNCITRAL”).
The paper has adopted a doctrinal method of research along with an analytical form of study. It attempts to analyse the role of the Convention in facilitation of enforcement of settlement agreements arising out of mediation. Furthermore, the paper highlights the scope of important articles in the Convention. For a clearer understanding, it also scans the U.S. and Asian centric perspective of the Convention. Lastly, it concludes with an opinion on whether the introduction of stringent framework for mediation will eclipse the importance of arbitration.
©2020- Lex Humanitariae: Journal for a Change