Singapore Convention entered into force and an agreement reached on the text of the Convention on the recognition and enforcement of foreign judgements in civil and commercial matters
Two important milestones in international enforceability have now been reached. With Singapore Convention a uniform framework for the international enforceability of settlement agreements resulting from mediation has now been created. The Convention emphasises mediation as an effective dispute resolution mechanism for international trade disputes. The cross-border enforceability of court judgments in civil and commercial matters has also experienced an important breakthrough in recent years. We inform you about the innovations on international enforceability in our latest GSK Update.
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