Mediators' Institute of Ireland (MII) Hails New UN Convention on Mediation

Mediators' Institute of Ireland (MII) Hails New UN Convention on Mediation

 

The U.N. Convention “International Settlement Agreements Resulting from Mediation” was signed today and aims to make it easier to settle cross-border commercial disputes and stabilise trade relationships

 

Wednesday, 7th August 2019: Commenting on today’s signing of a new UN Convention on Mediation in Singapore,* President of the MII Margaret Considine stated “At a time when we are faced with a possible no deal Brexit and the world economy is threatened by a deteriorating trading relationship between China and the USA, today’s signing of the UN Convention on “International Settlement Agreements Resulting from Mediation” is timely. The Convention seeks to encourage businesses to use mediation to resolve international disputes as it is faster and cheaper than using courts, and by making mediation settlements more enforceable across international boundaries.”

“The fact that China and the USA are among the countries that have signed the Convention raises the global status of Mediation as an effective way to resolve cross-border commercial disputes and maintain established trade relationships,” said Ms Considine.  

 

ENDS

* Please follow the link to access a copy of Financial Times press report

 

About The Mediators’ Institute of Ireland

The Mediators’ Institute of Ireland is the professional association for Mediators in Ireland. It is a not-for-profit organisation whose mission is to promote the use of quality mediation by ensuring the highest standards of education, training, professional practice and regulation. 

The Mediators' Institute of Ireland is a company limited by guarantee and registered in Dublin, Ireland.

Its registration number is 418250.

Registered Office:            Suite 112, The Capel Building, Mary's Abbey, Dublin 7, Ireland.

Registered Charity:          CHY16996.

 

About Mediation

Mediation is a voluntary process of conflict prevention and resolution that allows the parties an opportunity to address their issues in a confidential, private, and safe environment.  Mediators are trained in conflict resolution skills and techniques and have the expertise needed to give people the best possible opportunity to resolve their disputes.

Mediation is effective:

  • In single-issue and multi-issue disputes
  • In two-people and multi-party conflicts
  • In developing innovative and sustainable solutions when parties are willing but stuck
  • As a preventative intervention early in a conflict
  • As an alternative to avoid further costly public litigation

The mediation process improves communication, narrows outstanding issues, defuses emotions and defines areas of agreement.  Statistics show a success rate for mediation averaging 80 per cent.

For further information see www.themii.ie or contact Stiofán Nutty at +353 87 6175488

 

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