Perspectives on Mediation and Arbitration in the Singapore and New York Conventions
With the acceptance of international trade and its expansion in the 20th century, the need to prepare a suitable mechanism to resolve disputes, especially in non-international dimensions, became one of the important concerns to maintain commercial relations and contracts. And this caused that, despite the global skepticism towards arbitration, in a short time arbitration and mediation were considered as a way to resolve conflicts, especially regarding international commercial disputes.On June 26, 2018, the Singapore Convention was approved by the United Nations Commission on International Trade Law (UNCITRAL) regarding international agreements resulting from mediation. And the plan of UNCITRAL was modified, in the field of international commercial mediation and international settlement agreements resulting from mediation.The purpose of ratifying this convention is establishing a binding legal system and an efficient framework and legal platform for implementation International agreements resulted from mediation. Previously, the adoption of the New York Convention by expanding the use of the arbitration method as a way to settle disputes was considered one of the most successful international treaties in this field. In total Present research, with an analytical and argumentative method, it seeks to respond to the main philosophy of concluding and the scope of application of each of the two New York and Singapore Conventions, until by examining the weak and strong points of each, it explains the position of these two treaties in resolving conflicts and disputes and discuss the similarities and differences between the New York Convention and the Singapore Convention on Mediation
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