The Singapore Convention on Mediation: National Implementation Practices and EU Prospects

Sascha Ferz () and Tetiana Tsuvina
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Sascha Ferz: Karl-Franzens-University
Tetiana Tsuvina: Yaroslav Mudryi National Law University

Chapter Chapter 17 in The European Union and the Evolving Architectures of International Economic Agreements, 2023, pp 303-314 from Springer

Abstract: Abstract In 2019, the United Nations (‘UN’) Convention on International Settlement Agreements Resulting from Mediation (‘Singapore Convention’) was opened for signature. It aims to enshrine a simplified procedure for the enforcement of international settlement agreements resulting from mediation in commercial matters, along the lines of the UN Convention on the Recognition and Enforcement of Foreign Arbitral Awards (‘New York Convention’, 1958). This chapter attempts to analyse the provisions of the Singapore Convention and to evaluate some European Union (‘EU’) perspectives on ratification. The contribution points out some concerns of a formal and substantive character for the ratification of the Singapore Convention by EU Member States, including the order of ratification, the correlation with existing EU instruments, the expanding ‘juridification’ of mediation, and the absence of accepted uniform mediation standards. The authors argue that such concerns can be overcome, however, and that it is indeed suitable for EU Member States to ratify the Singapore Convention.

Keywords: UN convention on international settlement agreements resulting from mediation (Singapore convention); Mediation; Juridification; Ratification (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-2329-8_17

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DOI: 10.1007/978-981-99-2329-8_17

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