Kazakhstan ratifies the Singapore Convention on Mediationadmin2019
With the deposit of the instrument of ratification at the UN Headquarters in New York, Kazakhstan becomes the tenth State Party to the United Nations Convention on International Settlement Agreements Resulting from Mediation, also known as the “Singapore Convention on Mediation”. The ratification by Kazakhstan was effected on 23 May 2022 and the Convention will enter into force for Kazakhstan on 23 November 2022.
The Singapore Convention on Mediation facilitates international trade and promotes mediation as an alternative and effective method of resolving commercial disputes by providing an effective mechanism for the enforcement of international settlement agreements resulting from mediation.
The Convention is open for signature, ratification, and accession by States and regional economic integration organizations. In total, fifty-five States have signed the Convention since it opened for signature on 7 August 2019.