Summary

Japan became the twelfth State Party to the United Nations Convention on International Settlement Agreements Resulting from Mediation, also referred to as the “Singapore Convention on Mediation”, by depositing the instrument of accession at the UN Headquarters in New York.

Content

The accession by Japan was effected on 1st October 2023; However, the Convention will become effective for Japan on the 1st of April, 2024. Japan also made a reservation in accordance with article 8(1) (b) of the Convention when acceding to it. The Singapore Convention promotes mediation as an effective method for resolving commercial disputes and provides a mechanism for enforcing international settlement agreements resulting from mediation. The Convention is available for signature, ratification, and accession by States and regional economic integration organizations. Since its opening for signature on 7 August 2019, fifty-six States have signed the Convention.

Picture and Article Sources: United Nations, Policy Lab