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Consider the following statements regarding Singapore Convention on Mediation.
  1. It is the first UN treaty to be named after Singapore.
  2. The Convention will apply to international commercial settlement agreements resulting from mediation.
  3. The Convention also applies to international settlement agreements that are concluded in the course of judicial proceedings and which are enforceable as a court judgment.
Which of the above statements is/are correct?
  • a)
    1 only 
  • b)
    1, 2 
  • c)
    2, 3 
  • d)
    1, 3
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Consider the following statements regarding Singapore Convention on Me...
United Nations Convention on International Settlement Agreements Resulting from Mediation:
  • The United Nations General Assembly adopted the Convention on 20th December 2018 and it was opened for signature on 7th August 2019 in Singapore.
  • It is also known as the Singapore Convention on Mediation and also the first UN treaty to be named after Singapore.
Key Features of the Convention:
  • Applicability: The Convention will apply to international commercial settlement agreements resulting from mediation.
  • Non- applicability: It will not apply to international settlement agreements that are concluded in the course of judicial or arbitral proceedings and which are enforceable as a court judgment or arbitral award. It will also not apply to settlement agreements concluded for personal, family or household purposes by one of the parties (a consumer), as well as settlement agreements relating to family, inheritance or employment law.
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Consider the following statements regarding Singapore Convention on Mediation. It is the first UN treaty to be named after Singapore. The Convention will apply to international commercial settlement agreements resulting from mediation. The Convention also applies to international settlement agreements that are concluded in the course of judicial proceedings and which are enforceable as a court judgment.Which of the above statements is/are correct?a)1 onlyb)1, 2c)2, 3d)1, 3Correct answer is option 'B'. Can you explain this answer?
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